ADM talks job cuts at Neovia
Another move of interest in the industry was the decision by Archer Daniels Midland to cut about 127 positions from its recently acquired Neovia business. The positions trimmed include some employees, some vacant posts and the end of several temporary contracts.
The Illinois-based agribusiness giant reported that the job cuts arose out of company streamlining efforts and work to remain competitive in a challenging environment. The process also reduced job duplication.