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Monsanto to cut 2,600 jobs in restructuring
2015-10-07 20:54:35| Chemicals - Topix.net
Monsanto Co., buffeted by a slumping global farm economy, outlined plans to slash 12% of its workforce and restructure its business as it reported a larger quarterly loss. The biotech-seed maker said it planned to cut 2,600 jobs while "streamlining and reprioritizing" commercial and research efforts as it grapples with declining crop prices that have pinched incomes for farmers, its main customers.
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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.
Monsanto posts 4Q loss, to eliminate 2,600 jobs to cut costs
2015-10-07 15:39:08| Chemicals - Topix.net
Monsanto Co. says it will eliminate 2,600 employees as part of a cost-saving plan as it reported a loss for the fourth quarter amid falling sales of its biotech seeds and herbicides.
These Emails Show Monsanto Leaning on Professors to Fight the Gmo PR War
2015-10-03 18:08:44| Biotech - Topix.net
For a blockbuster recent piece , the New York Times' Eric Lipton got a first look a massive cache of private emails between prominent public university scientists and GMO industry executives and flacks. The emails came to light through a barrage of controversial Freedom of Information Act requests by U.S. Right to Know , which is funded by the scrappy, anti-corporate Organic Consumers Association.
Monsanto to Chart Growth Plan as Farmers Feel Squeezed
2015-10-03 12:44:38| Chemicals - Topix.net
Investors are looking to Monsanto Co. this coming week to explain its plan for growth after the failure of its ambitious bid for rival Syngenta AG and amid a continued slump in the farm economy.
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