Agrium to cut 500 jobs and divest low-earning assets
Published: Thursday, 06 November 2014
Lower potash prices and increased costs at the company’s Vanscoy potash mine precede the announcement to restructure the business. By focusing on core assets, Agrium should be able to further reduce its costs and streamline its business activities.
Canada-based fertiliser producer Agrium
Inc. plans to cut 500 jobs and refocus on its core assets as
part of a restructuring drive, the company announced at the
firm’s annual investor day in Toronto, Canada,
In a presentation given by Agrium's CEO, Chuck Magro, the
company revealed to attendees that...