Archer-Daniels-Midland Company Cuts 700 Jobs Globally
SOURCENews reportView the filing ↗
What we know
Location: Monmouth, IL.
Department affected: Nutrition Segment.
Based on news reporting.
Summary
Archer-Daniels-Midland Company (ADM), a major US commodities trader, has announced the elimination of 700 jobs globally. This decision reflects the company's ongoing efforts to streamline operations amid challenging market conditions. The layoffs are part of a broader strategy to enhance efficiency and reduce costs. While specific locations and departments affected were not detailed, the job cuts signify a significant workforce reduction for ADM as it navigates the complexities of the current economic landscape.
Archer-Daniels-Midland Company cut 700 jobs in IL affecting its Nutrition Segment team as of February 7, 2025.
That is roughly 1.7% of the 40,213 people Archer-Daniels-Midland Company employs.
LayoffTalk has tracked 13 layoff events at Archer-Daniels-Midland Company since October 2023, with 13 additional events known from news reporting.
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