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ADM to Cut Jobs at Animal Feed Unit in France

Company plans to cut 127 staff at its recently acquired Neovia animal feed business

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Archer Daniels Midland Company plans to cut 127 staff at its recently acquired Neovia animal feed business in France to eradicate job duplication, the head of the group’s animal nutrition department said on Tuesday.

Reuters reports the job losses will be seen in human resources, finance, legal, communications and marketing.

ADM Animal Nutrition President Pierre-Christophe Duprat told Reuters other regions would be affected by the global reorganization but declined to say how many jobs were at stake.

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