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Bunge to Cut Jobs Amid Relocation

Only about third of staff were offered package to move

Photo courtesy of Bunge
Photo courtesy of Bunge

Bunge Ltd. will cut staff as part of a restructuring that will see the 201-year-old agricultural commodity trading company relocate its headquarters, according to people familiar with the matter.

According to a report at Bloomberg Law, only about a third of employees based in White Plains, NY, were offered a package to move to the new headquarters in St. Louis or another of Bunge’s global centers.

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