ADM Company News: Job Cuts and Asset Sales Ahead

ADM is undergoing significant changes, with job cuts and asset sales on the horizon. The company has announced plans to reduce its workforce by up to 15% in the next two years.

This move is a response to the changing market landscape and a shift in ADM's business strategy. The company aims to focus on its core areas of expertise and divest non-core assets to improve efficiency.

Job cuts will be implemented across various departments, with a focus on reducing redundancy and streamlining operations. This will help ADM to better compete in the market and achieve its long-term goals.

The asset sales are expected to generate significant revenue for the company, which will be used to pay off debt and invest in new growth opportunities.

ADM has declared its 375th consecutive quarterly cash dividend, a remarkable track record of over 93 years of uninterrupted dividends. The company will pay a dividend of $0.51 per share on September 10, 2025, to shareholders of record as of August 20, 2025.

The company has 480,452,343 shares of common stock outstanding as of June 30, 2025. ADM is also taking steps to streamline its portfolio, with plans to generate up to $750 million in savings during the next three to five years through job eliminations and potential asset divestitures.

The cost-cutting plan comes after ADM reported a 28% year-over-year drop in operating profits for fiscal year 2024, driven by lower demand in the nutrition segment and uncertainties in U.S. biofuel policy.

ADM has announced its 375th consecutive quarterly cash dividend, a remarkable track record that spans over 93 years of uninterrupted dividends.

The company will pay a dividend of $0.51 per share on September 10, 2025, to shareholders of record as of August 20, 2025.

As of June 30, 2025, ADM had 480,452,343 shares of common stock outstanding.

Archer-Daniel-Midland (ADM) has announced a major restructuring plan to address weaker demand in its nutrition segment and tougher competition in the ingredients space. The company plans to eliminate up to 700 jobs, which will generate up to $750 million in savings over the next three to five years.

The layoffs are part of a broader cost-cutting plan that aims to streamline ADM's portfolio by identifying approximately $2 billion in additional opportunities. This move comes as the commodities giant reports a 28% year-over-year drop in operating profits for fiscal year 2024.

The decline in operating profits was driven by lower demand in the nutrition segment, combined with uncertainties in U.S. biofuel policy. ADM's nutrition profits were roughly flat in the fourth quarter due in part to declining demand for plant-based protein and lower texturant prices.

Here's a breakdown of the key changes:

ADM is planning to eliminate around 600 to 700 positions in 2025 due to softer market conditions and policy uncertainty.

The company's CEO, Juan Luciano, cited these challenges as the reason for taking steps to slash costs by $500 million to $750 million over the next three to five years.

Shares of Archer-Daniels-Midland fell 4% to trade at their lowest level in more than four years after the job cuts announcement.

The job cuts are a significant move for ADM, but the company is also investing in new initiatives to enhance operational efficiency and strategic growth.

ADM's shares have been impacted by the announcement, but the company is looking to the future with plans to improve operating profit through manufacturing efficiencies and rebuilding its Specialty Ingredients business.

ADM is facing a tough time with its nutrition segment, which has seen a 28% year-over-year drop in operating profits for fiscal year 2024. This decline is due to lower demand in the nutrition segment, combined with uncertainties in U.S. biofuel policy.

The company has identified areas where it can cut costs, with plans to eliminate up to 700 jobs and generate up to $750 million in savings during the next three to five years. This cost-cutting plan is part of a broader effort to streamline its portfolio, with ADM identifying roughly $2 billion in additional opportunities to do so.

ADM's troubled nutrition unit has struggled to recover from manufacturing delays and an accounting probe that has shaken investor confidence. The company's profits in this segment were down 10% in fiscal year 2024, with human nutrition dropping 22%.

To turn things around, ADM is focusing on its ingredients segment, where it has seen strong performance from two flavor manufacturers it acquired in 2023. The company is also working to improve internal controls and remediate material weaknesses in its accounting practices.

Here's a breakdown of ADM's progress in regenerative agriculture:

By reaching its 2025 goal a year ahead of schedule, ADM has demonstrated the value of partnerships across the agricultural supply chain.

ADM has made significant strides in regenerative agriculture, exceeding its goal of 5 million acres a year ahead of schedule. This achievement is a testament to the company's commitment to sustainable farming practices.

The company's report highlights its global approach to regenerative agriculture, featuring partnerships with major companies like The J.M. Smucker Co., Nestlé, and PepsiCo across six continents. ADM offers farmers various support options, including education, financial incentives, and technical innovation.

By engaging over 5 million acres, ADM has reduced its Scope 3 footprint by more than 1 million metric tons of greenhouse gas emissions. This reduction is a significant accomplishment, especially considering the company's goal was to reduce emissions by a smaller amount.

The report also notes that ADM's 2024 initiatives sequestered over 363,000 metric tons of CO2e through sustainable practices. This is a notable achievement, demonstrating the company's dedication to environmental sustainability.

ADM's strategy will continue to prioritize measurable outcomes and scalable solutions to strengthen food security and agricultural resilience. The company aims to expand adoption of regenerative practices while supporting farmer profitability and long-term sustainability.

By working with farmers, conservation experts, and technology providers, ADM has delivered measurable environmental and economic results. Case studies and data in the report highlight successful projects across various regions, including North America, Latin America, Europe, and Asia Pacific.