Sunday, October 11, 2015

MONSANTO job slash: GMO vault drying

MONSANTO job slash: GMO vault drying

The AP wire reports, Monsanto Co. said last week it will eliminate 2,600 jobs as part of a cost-saving plan designed to deal with falling sales of its biotech seeds and herbicides, which pushed its quarterly losses deeper into the red. The job cuts will reduce the company’s 22,500-employee workforce of by about 12 percent over the next two years.   That news was greeted with mixed reaction in…

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