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Wintrust Business Minute: Archer Daniels Midland is preparing for layoffs
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Agricultural producer Archer Daniels Midland is preparing to layoff as many as 700 employees. The Chicago-based company is looking to cut costs, after disappointing earnings in 2024. The layoffs will be worldwide, including suburban locations and downstate Decatur. The company is primarily a food processor, making products that go into food for humans and animals.
Also, The Mariano’s store in Northfield is closing. Listen for more below:
https://serve.castfire.com/audio/7262505/7262505_2025-02-05-221605.64kmono.mp3
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By wgnradio.com
4.5
88 ratings
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Agricultural producer Archer Daniels Midland is preparing to layoff as many as 700 employees. The Chicago-based company is looking to cut costs, after disappointing earnings in 2024. The layoffs will be worldwide, including suburban locations and downstate Decatur. The company is primarily a food processor, making products that go into food for humans and animals.
Also, The Mariano’s store in Northfield is closing. Listen for more below:
https://serve.castfire.com/audio/7262505/7262505_2025-02-05-221605.64kmono.mp3
Recent Posts
Wintrust Business Lunch
Rivian to expand footprint with supplier park in Normal
.cls-4{fill:#000;}
Trump budget, Alcatraz costs, Schaumburg Boomers
.cls-7{fill:#fff;fill-rule:evenodd}
Jobs increase, pricing risk, AI in transportation
.cls-7{fill:#fff;fill-rule:evenodd}
Are consumers prioritizing essentials over snacks?
.cls-4{fill:#000;}
Cooling job market, housing supply, Illinois tourism
.cls-7{fill:#fff;fill-rule:evenodd}
Click for more
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