IHS Chemical Week

Markets :: Specialty Chemicals :: Food additives

ADM Cuts 3% of Workforce

10:24 AM MST | January 12, 2012 | Rebecca Coons

Archer Daniels Midland (ADM) says it will eliminate 1,000 employees, approximately 3% of its global workforce, in an effort to streamline its organizational and cost structure. The company expects its annual pre-tax expenses to be reduced by more than $100 million, with a $50-$75 million pre-tax charge to be incurred in its fiscal third quarter. ADM says early retirement incentives will be offered in the U.S.   Cargill announced 2,000 job cuts in December, citing a weak global economy.    ...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa