Chicago | Reuters – Grains merchant Archer-Daniels-Midland ADM.N reported a drop in fourth-quarter profit on Tuesday, pressured by weak oilseed crush margins and uncertainty over U.S. biofuel policy, and said […] Read more
Tag Archives layoffs
ADM quarterly profit falls on weak crush margins, announces layoffs
McDonald’s reported laying off hundreds of corporate employees
Layoffs don't include restaurant-level workers
New York | Reuters — The number of corporate employees McDonald’s Corp. plans to lay off this week will tally in the “hundreds,” a source familiar with the burger chain’s […] Read more
Olymel to shut two pork processing plants
Triomphe ham, deli meat plants to close in late April
Meat packer Olymel is set to close a chapter in its acquisition history when it shuts down two Montreal-area pork further-processing plants it bought five years ago. Olymel, a division […] Read more
Pork packer Olymel laying off dozens of managers
Market unpredictability, 'growth challenges' cited
Major Canadian pork and poultry packer Olymel has laid off 57 people from its management ranks and eliminated another 120 administrative positions, citing the company’s current “market context and growth […] Read more
Olymel’s striking Quebec workers get layoff ultimatum
Hog slaughter plant idle since late April
Updated — The threat of job losses for about half the unionized workers at a major pork packing plant in Quebec is its owners’ latest bid to end a four-month […] Read more
Pandemic planning leads to staff cuts at Agropur
Dairy co-operative enters 'business continuity' mode
Dairy co-operative Agropur’s “business continuity” plan against the COVID-19 pandemic calls for job cuts and layoffs for about three per cent of its total workforce. Longueuil, Que.-based Agropur announced Thursday […] Read more
CN starts calling back laid-off employees
"Network recovery... will take several weeks"
Montreal | Reuters — Canadian National Railway has started calling back many of the 450 workers it laid off earlier this month in Eastern Canada, when blockades crippled operations on […] Read more
CN halts rail traffic in East due to protests
Grain groups seek dispute resolution or enforcement of court orders
Canadian National Railway (CN) is shutting down its Eastern Canada operations due to ongoing blockades on its rail lines in Ontario. The company announced Thursday it’s been “forced to initiate […] Read more
Nutrien potash mine idled despite rail strike’s end
Plans by the world’s largest ag inputs provider to temporarily idle its biggest potash mine in view of the Canadian National Railway strike will proceed, even as CN goes back […] Read more
CN to cut management, union jobs
Reuters — Canadian National Railway said on Friday it would cut management and union jobs, as the largest Canadian railroad operator grapples with an economic slowdown. The company will lay […] Read more
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