Location: Decatur, Illinois, USA.
Based on news reporting.
Archer-Daniels-Midland Company (ADM) has announced layoffs affecting approximately 300 employees due to weak crush margins that have impacted its quarterly profits. The layoffs are part of a broader strategy to adjust to the challenging market conditions. The affected employees are primarily based in Decatur, Illinois, where ADM operates significant processing facilities. This decision comes as the company faces ongoing pressures in the agricultural sector, prompting a reevaluation of its workforce needs. The layoffs are expected to help streamline operations and improve financial performance moving forward.
Archer-Daniels-Midland Company cut 300 jobs as of October 30, 2023.
That is roughly 0.7% of the 40,213 people Archer-Daniels-Midland Company employs.
LayoffTalk has tracked 13 layoff events at Archer-Daniels-Midland Company since October 2023, affecting a combined 5,836 employees.
Anonymous by default. Be kind — people reading this may be going through it right now.
Archer-Daniels-Midland Company cut 300 jobs on October 30, 2023. What did this look like from the inside — which teams, how much notice, what severance was offered? You can post anonymously below.
Share your story anonymously — it helps others reading this feel less alone.
Share your story →Recent tracked events at this company.