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Tag Archives Layoffs

Dairy Cattle, Livestock

Pandemic planning leads to staff cuts at Agropur

Dairy co-operative enters 'business continuity' mode

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Dairy co-operative Agropur’s “business continuity” plan against the COVID-19 pandemic calls for job cuts and layoffs for about three per cent of its total workforce. Longueuil, Que.-based Agropur announced Thursday it will eliminate 60 positions and temporarily lay off another 200 employees, all from its Canadian operations. In the “unprecedented context” of COVID-19, Agropur said […] Read more
Crops, Reuters

CN starts calling back laid-off employees

"Network recovery... will take several weeks"

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Montreal | Reuters — Canadian National Railway has started calling back many of the 450 workers it laid off earlier this month in Eastern Canada, when blockades crippled operations on strategic rail lines, according to a company email sent to customers Friday. Earlier this week, police made 10 arrests and cleared a blockade in eastern […] Read more
Crops

CN halts rail traffic in East due to protests

Grain groups seek dispute resolution or enforcement of court orders

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Canadian National Railway (CN) is shutting down its Eastern Canada operations due to ongoing blockades on its rail lines in Ontario. The company announced Thursday it’s been “forced to initiate a disciplined and progressive shutdown” in the region, which means “stopping and safely securing all transcontinental trains across its Canadian network.” The decision “may imminently […] Read more
Crops

Nutrien potash mine idled despite rail strike’s end

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Plans by the world’s largest ag inputs provider to temporarily idle its biggest potash mine in view of the Canadian National Railway strike will proceed, even as CN goes back to work. Saskatoon-based Nutrien announced Monday it “will be forced to curtail production” at its Rocanville, Sask. mine due to the CN rail strike. The […] Read more
Crops, Markets, Reuters

CN to cut management, union jobs

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Reuters — Canadian National Railway said on Friday it would cut management and union jobs, as the largest Canadian railroad operator grapples with an economic slowdown. The company will lay off 1,600 employees in the U.S. and Canada, according to a report by the Globe and Mail. The announcement comes amid declining freight volumes as […] Read more
Crops

Shutdowns planned for two PotashCorp mines

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Fertilizer firm PotashCorp plans to temporarily halt production at two Saskatchewan potash mines this winter to curb excess supply. The Saskatoon company, in the midst of seeking regulatory approvals for a merger with Calgary competitor Agrium, announced last week it will “curtail” production at its mines at Allan and Lanigan, Sask. The shutdowns will run […] Read more
Crops, Machinery

CP lays off 500 workers, cites softening demand

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CNS Canada — Select maintenance workers at Canadian Pacific Railway will be laid off effective Thursday as the railway’s revenue is expected to plummet in the second quarter. Lower volumes are one reason given for declining profits, though grain movement this crop year is ahead of average. Earlier this month, 500 CP maintenance workers were […] Read more
Canola, Corn, Crops, Reuters, Soybeans

Monsanto slashing 2,600 jobs, buying back shares as sales fall

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Reuters — Monsanto, one of the world’s largest seed and agrichemical companies, said Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market. The company, which said it expected low prices for agricultural products to squeeze results well into 2016, also reported a much wider quarterly loss […] Read more
Crops, Markets, Reuters

Kraft Heinz to cut 2,500 jobs in Canada, U.S.

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Reuters — Kraft Heinz Co. said it will eliminate 2,500 jobs in the U.S. and Canada, including about 700 at its Chicago-area headquarters. Heinz, backed by Warren Buffett’s Berkshire Hathaway and Brazilian private equity firm 3G Capital — known as an aggressive cost-cutter — combined with Kraft in March in a $46 billion deal that […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending April 3, 2020.

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