Monsanto posts 4Q loss, to eliminate 2,600 jobs to cut costs

Monsanto Co. says 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 it 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. The St. Louis-based ...

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Monsanto posts 4Q loss, to eliminate 2,600 jobs to cut costs

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