Cargill has more than 160,000 employees globally and is based out of Minnesota in the United States but makes its Canadian headquarters in Winnipeg.
WATCH: Agricultural powerhouse Cargill , one of the world’s biggest privately held firms with thousands of Canadian employees, is slashing its global workforce as part of a major restructuring effort. A Cargill spokesperson confirmed in a statement to Global News on Tuesday that it is set for major workforce reductions., one of the world’s biggest privately held firms with thousands of Canadian employees, is slashing its global workforce as part of a major restructuring effort.
A Cargill spokesperson confirmed in a statement to Global News on Tuesday that it is set for major workforce reductions. “We will continue fighting for and representing the best interests of Cargill workers with every tool and resource at our disposal to ensure that large corporations like Cargill treat their workers fairly,” he said.
“They will focus on streamlining our organizational structure by removing layers, expanding the scope and responsibilities of our managers, and reducing duplication of work,” Sikes said in the memo.Unlisted Cargill reported revenue of $160 billion for its 2024 fiscal year that ended in May, down from a record $177 billion in the previous year.
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