Reuters had reported last week that the grain trader would soon start laying off employees in a global effort to cut costs, as low crop prices weighed on the company's profit. ADM has seen profits ...

CHICAGO (WAND) — Archer Daniels Midland will reduce its global workforce by 600 to 700 people in 2025. The company announced the layoffs in a quarterly and year-end financial report Tuesday morning.

Global grains trader Archer-Daniels-Midland is slashing costs and cutting staff to weather a commodity downturn made more challenging by uncertainty about U.S. biofuels policies and a brewing trade ...

The ingredients manufacturer and crop trader identified more than $2 billion in opportunities to streamline its portfolio as ...

and/or processes the crops before selling them to food, feed, and energy buyers. The commodity products ADM moves around the world are readily available from competitors, and the company has ...

Archer-Daniels-Midland, one of the world’s largest nutrition companies, is a leader in human and animal nutrition. Read what leads to a sell rating of ADM stock.

Jan 31 (Reuters) - Global grain merchant Archer-Daniels-Midland (ADM.N), opens new tab will soon start laying off employees as part of a global effort to cut costs as low crop prices erode profit ...

Archer-Daniels-Midland Co. is weighing asset divestitures as part of a plan to slash costs as the crop trading giant faces a downturn in profits.

Why it matters: ADM's profits are closely tied to crop prices and price volatility as the company's ag services and oilseeds business generates the majority of profits. As crop prices fell from ...

Chicago-based ADM plays a central role in global commodity trading. It buys and sells crops to companies and governments while running processing plants that turn oilseeds and grain into vegetable ...

Sources told Reuters that layoffs are currently under way. ADM's profit has eroded amid slow demand and a global glut of staple crops like corn and soybeans, which it buys, sells, processes and ...