Doc7505
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- Feb 16, 2016
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Mayor of Minneapolis PANICS After 155-Year-Old Company CHOOSES Texas Over Minnesota!
Commentary:
Cargill is is undergoing a major, long-term restructuring that includes significant job cuts
at its Wayzata, Minnesota headquarters. Here are the key details regarding the situation:
As of October 2025, Cargill is laying off 80 employees at its Wayzata, MN headquarters,
following a previous reduction of 475 local jobs announced in late 2024.
Global Restructuring: These cuts are part of a broader, company-wide initiative to reduce its global workforce of 155,000 by 5% (roughly 8,000 employees) due to falling profits and a “farm sector slump”.
Strategy Shift: The restructuring involves shrinking from five business units down to three to focus on food, farming, and trade, as part of a 2030 strategy.
Cargill Expansion Elsewhere:
While reducing staff in Minnesota, Cargill announced in June 2024 that it is opening an office hub in Atlanta, Georgia, which is expected to create 400 jobs, primarily in technology and innovation.
Cargill, the largest privately held U.S. company, remains headquartered in the Twin Cities, but is cutting corporate roles to streamline operations.
Minnesota's cash cow has moved to greener pastures.