Cargill Layoffs 2024 Elections. Cargill has confirmed significant layoffs affecting approximately 5% of its global workforce, translating to around 8,000 employees. Cargill is making a 5 percent workforce reduction — approximately 8,000 jobs — amid a “strategic shift” to streamline operations and adapt to changing market conditions.

Is cutting thousands of jobs globally after the largest privately held company in the us missed profit targets. Global trading house cargill said on tuesday it plans to cut around 5% of its staff, or about 8,000 jobs after revenue slumped in its most recent fiscal year as crop prices hit multi.