Cargill plans to cut 5% of its global workforce, which based on data in the US-headquartered agri-food giant’s annual report would amount to around 8,000 jobs. The world’s largest agricultural products company said the reductions were part of its “long-term strategy” introduced this year,

Agribusiness giant Cargill is laying off thousands of its employees. Cargill confirmed this week that it would be reducing its global workforce by about 5%. In a statement sent to The Associated Press on Tuesday,

Minnesota-based food supply chain company Cargill announced it will be laying off 5% of its global workforce. The distributor employs 160,000 people.