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Archer Daniels Midland Announces Plan to Cut 1,000 Jobs

The cutbacks represent 3 percent of the company's total workforce, according to a release issued Jan. 11.

January 11, 2012

Archer Daniels Midland Co. has plans to cut about 1,000 workers from its worldwide workforce, including hundreds in Illinois.

The Decatur, Illinois-based company said in a news release that the cuts represent 3 percent of the company's total workforce.

ADM did not break out the number of cuts in Illinois, but a source with knowledge of the plans says hundreds will be cut in the state.

Filed by Kate MacArthur of Crain's Chicago Business, a sister publication of Workforce Management. To comment, email editors@workforce.com.

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