NEW YORK, Dec. 3 (Xinhua) -- Cargill, an agricultural giant based in the U.S. state of Minnesota, is laying off 5 percent of its global workforce, or roughly 8,000 workers, as it deals with tepid crop prices and pressure on the beef industry.
The move was part of its efforts to align talent and resources with a long-term strategy set earlier this year, the company said in a statement. The company has over 160,000 employees operating in 70 countries, according to its 2024 report.
