Cargill has announced that it will shed 2000 jobs from its global workforce of 138,000. The majority of the redundancies will take place over the next six months, all employees affected will get severance and outplacement support in keeping with policies and with local laws and regulations. Cargill has blamed the weak global economy for the decision to reduce its workforce. “As economic conditions change, so must we,” said Mike Fernandez, corporate vice president of Cargill Corporate Affairs. Read more ...
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