Location: Shanghai, China.
Based on news reporting.
Archer-Daniels-Midland Company (ADM) has announced the layoff of approximately 100 employees in Shanghai due to the closure of its domestic trade operations in China. This decision comes as part of a strategic shift in the company's operations, reflecting the challenges faced in the region. The layoffs are effective immediately, impacting the workforce as ADM restructures its business model to adapt to changing market conditions. The company aims to streamline its operations while focusing on more profitable areas of its business.
Archer-Daniels-Midland Company cut 100 jobs as of October 1, 2023.
That is roughly 0.2% 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.
No comments yet. Be the first to share your thoughts.
Share your story anonymously — it helps others reading this feel less alone.
Share your story →Recent tracked events at this company.