Home Monsanto slashing 2,600 jobs, buying back shares as sales fall
 

Keywords :   


Monsanto slashing 2,600 jobs, buying back shares as sales fall

2015-10-07 16:44:32| Chemicals - Topix.net

Monsanto Co, one of the world's largest seed and agrichemical companies, said on Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market that it expects to squeeze results well into 2016. Monsanto, which also reported a much wider quarterly loss, said that along with the layoffs, its global restructuring would include "streamlining and reprioritising" some commercial and research and development work, including an exit from the sugar cane business.

Tags: back jobs sales fall

Category:Chemicals

Latest from this category

All news

02.11Weekly Recap: Nippon Paint, AkzoNobel, PPG Top This Weeks Stories
01.11BASF TotalEnergies Petrochemicals Receives United Way Champions of Hope Award
31.10Nippon Paint Holdings to Acquire AOC from Lone Star Funds
31.10RPM Acquires TMP Convert
31.10AkzoNobels Largest European Solar Energy Plant Goes Live in Poland
30.10BASF Groups EBITDA Before Special Items Up from Q3 2023
30.10Axalta Reports Record Net Sales in 3Q 2024
30.10Zack Hays Joins Orion S.A. as Marketing Manager
Chemicals »
02.11Tropical Storm Lane Graphics
02.11Subtropical Storm Patty Graphics
02.11Tropical Storm Lane Forecast Discussion Number 4
02.11Subtropical Storm Patty Wind Speed Probabilities Number 2
02.11Summary for Tropical Storm Lane (EP3/EP132024)
02.11Subtropical Storm Patty Public Advisory Number 2
02.11Subtropical Storm Patty Forecast Advisory Number 2
02.11Subtropical Storm Patty Update Statement
More »