ADM plans to cut $500 million to $750 million in costs over the next three to five years, which includes laying off 600 to 700 workers in 2025. Archer-Daniels-Midland (ADM) shares lost ground ...

The cost-cutting comes as ADM CEO Juan Luciano said the agricultural company is facing “softer market conditions and policy uncertainty around the world going into 2025,” according to a ...

Archer-Daniels-Midland Co. is weighing asset divestitures as part of a plan to slash costs as the crop trading giant faces a downturn in profits. The Chicago-based company is looking at businesses ...

CHICAGO, Feb 4 (Reuters) - Grains merchant Archer-Daniels-Midland (ADM.N), opens new tab posted its lowest fourth-quarter adjusted profit in six years on Tuesday on weak oilseed crush margins and ...

For the quarter ended December 2024, Archer Daniels Midland (ADM) reported revenue of $21.5 billion, down 6.4% over the same period last year. EPS came in at $1.14, compared to $1.36 in the year ...

CHICAGO, Feb 4 (Reuters) - Global grains trader Archer-Daniels-Midland (ADM.N), opens new tab is slashing costs and cutting staff to weather a commodity downturn made more challenging by ...

Tech layoffs 2025: After Microsoft, Meta, and Amazon made similar decisions, ADM and Salesforce joined the expanding list of industry titans that have made difficult decisions to cut their staff.( ...

ADM will soon begin terminating staff as part of a global cost reduction effort as low crop prices erode profits, Reuters’ Ana Mano and Chris Prentice report, citing three people briefed on the ...