ADM may eliminate jobs, offer early retirement

National
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NATIOWIDE (KHQA) – The Archer Daniels Midland (ADM) Company is set to make changes to staffing.

An ADM spokesperson says it will offer voluntary early retirement for certain eligible U.S. and Canadian colleagues.

The business will be realigning its organization worldwide as they work to “further streamline and standardize processes, implement new technologies, and eliminate overlap in roles and responsibilities.”

The spokesperson confirms some positions may be eliminated.

The company will continue to notify employees of the changes from now through June 30.

Yesterday, we notified employees that between now and June 30, ADM will be taking a range of actions to enhance our organizational agility, maximize productivity, strengthen service to internal and external customers, and accelerate growth.

One of these actions will be the opening of a voluntary early retirement window for certain eligible U.S. and Canadian colleagues. Others include capturing planned synergies from our recent acquisitions, and realigning our organization worldwide as we further streamline and standardize processes, implement new technologies, and eliminate overlap in roles and responsibilities.

Beyond the planned post-acquisition synergies, there may be some individual positions eliminated as part of the restructuring of specific areas of our organization. As much as possible, we will try to minimize individual impacts by finding suitable alternative opportunities within the company.

These actions are necessary to strengthen the core of our business and establish ADM as a global leader in nutrition as we continue to grow and transform our business. As always, our priority throughout the process will be the respect and care of all employees impacted by these changes.

The company is giving very few details but said, “Expect the number of impacted colleagues to be a very small percentage of our total global workforce.”

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