New Delhi, Feb. 5 -- Significant layoffs continue to sweep across major big tech and corporate firms in 2025. Following similar decisions by Microsoft, Meta, and Amazon, Archer-Daniels-Midland (ADM) and Salesforce have joined the expanding list of industry titans trimming their staff.
According to Reuters, ADM, a major international grain trader, announced plans to cut up to 700 jobs to reduce expenses by $500 million to $750 million over the next three to five years. Juan Luciano, the company's CEO, stated that "softer market conditions and policy uncertainty" were the main reasons for these layoffs. The action comes as ADM adapts to a shifting global market environment, with difficulties expected in the upcoming year.
According to a B...
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