Cargill is planning to lay off about five percent of its workforce. The Minnesota-based company is the world’s largest ag commodity trader, employing more than 160,000 people worldwide. An estimated 8,000 layoffs will occur across the board. Reports indicate about 475 in-person and remote jobs will be cut at the company’s Minnetonka headquarters. Affected workers will be notified this week, and terminations will begin in February. In a statement, Cargill says the changes are part of a long-term strategy set earlier this year.
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White House says at least eight US telecom firms, dozens of nations impacted by China hacking campaign
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