Cargill to cut 2,000 jobs

Cargill will eliminate 2,000 jobs globally,

Reuters reported.

The giant agribusiness company cited the weak global economy in making the announcement,

The job cuts will affect 1.5% of Cargill’s 138,000 employees in 63 companies. The jobs will be eliminated over the next six months, according to the report.

Cargill added it was making internal structural changes, following a review of its global energy, transportation and metals operations.

(Source: Reuters, Dec. 5, 2011.)