More News

Cargill lays off 5% of global workforce; Effect on Fayetteville plant undisclosed

By Staff Report, posted 1 year ago

Earlier this week Cargill, a food-processing giant employing over 160,000 individuals with operations in 70 countries, announced it was laying off approximately 5% of its workforce.

“To strengthen Cargill’s impact, we must realign our talent and resources to align with our strategy. Unfortunately, that means reducing our global workforce by approximately 5%. This difficult decision was not made lightly. We will lean on our core value of putting people first as we support our colleagues during this transition,” confirmed Cargill in an official statement. 

The company declined to provide detailed information on how this will affect the Fayetteville plant located at 1754 River Road.

“For nearly 160 years, Cargill has been a critical connector of the global food system. Earlier this year, we set a long-term strategy that continues that legacy, while carrying forward the values and core strengths that have defined our success from the beginning. As we look to the future, we have laid out a clear plan to evolve and strengthen our portfolio to take advantage of compelling trends in front of us, maximize our competitiveness, and, above all, continue to deliver for our customers. As the world around us changes, we are committed to transforming even faster to deliver for our customers and fulfil our purpose of nourishing the world,” explained a media representative for Cargill.

Ico insights

INSIGHTS

SPONSORS' CONTENT

In The Current Issue

Mutts with a mission: Specialized K9 program supports local Veterans

Kristen Botts co-founded the program with her husband, Nathan Botts, who is a Veteran himself. Photos provided by Kristen Botts.An organization helping Veterans live a full life after their service in the U.S. Military wants to connect Veterans and d


Committed to community: Huntington Bank completes merger with Cadence Bank, continues to grow client base

Patrick NoblesHuntington Bancshares Incorporated announced on Feb. 2 that it has closed its merger with Cadence Bank, a regional bank headquartered in Houston, Texas and Tupelo, Miss. This strategic partnership accelerates Huntington’s growth in


Editor's note: What really catches the attention of someone new to Fayetteville?

There is extensive dialogue surrounding Fayetteville as a travel destination or city aimed at recruiting new businesses and new residents. As someone who moved here from out of state, I thought it could be fun to share my personal experience as