ADM to cut jobs at recently acquired Neovia
127 positions at France locations will be eliminated
Archer Daniels Midland Co. (ADM) plans to cut 127 positions at Neovia in France, according to a Reuters report.
The EUR1.544 billion (US$1.77 billion) acquisition of animal nutrition company Neovia in February was ADM’s largest deal since 2014. The company said the cuts will eliminate redundancies.
According to Reuters…