Monsanto to Cut 12% of Workforce as It Forecasts Profit DropBy
Restructuring to save as much as $300 million, shed 2,600 jobs
Announces $3 billion accelerated share repurchase plan
Monsanto Co. said it will eliminate 2,600 jobs as part of a cost-savings plan, joining a growing list of major corporations struggling to contain the damage from the decline in world commodities prices.
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