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.
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