Market Overview

Archer Daniels Midland To Lower 1,000 Jobs

Archer Daniels Midland Co (NYSE: ADM) announced its plans to lower 1,000 jobs.

Archer Daniels Midland will cut 3% of the company's work force, to reduce annual expenses by $100 million per year.

Archer Daniels Midland shares gained 0.05% to $28.94 in after-hours trading.

Posted-In: Job cutsNews

 

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