{"id":7655,"date":"2016-01-09T18:09:31","date_gmt":"2016-01-09T18:09:31","guid":{"rendered":"https:\/\/www.bioecoactual.com\/2016\/01\/09\/monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34\/"},"modified":"2025-06-05T14:30:32","modified_gmt":"2025-06-05T12:30:32","slug":"monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34","status":"publish","type":"post","link":"https:\/\/www.bioecoactual.com\/en\/2016\/01\/09\/monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34\/","title":{"rendered":"Monsanto Cuts 16% of Work Force as Sales in Roundup Herbicide Fall 34%"},"content":{"rendered":"<p>Monsanto announced Wednesday that sales in the company\u2019s agricultural productivity segment, which includes its probable carcinogen Roundup herbicide, fell 34 % to $820 million. Monsanto\u2019s shares fell over 2% as a result.\u00a0The Biotech giant also said Wednesday that it now plans to cut a total of 3600 jobs, or about 16 % of its global work force, through fiscal 2018, and expects to record $1.1 billion to $1.2 billion in restructuring charges.<\/p>\n<p><!--more--><\/p>\n<p>In October, Monsanto said that it would slash 2,600 jobs worldwide as part of a global restructuring effort to cut costs and boost savings, including consolidating some business and research centers and getting out of the sugar cane business,\u00a0<a href=\"http:\/\/www.reuters.com\/article\/us-monsanto-results-idUSKBN0UK1LB20160106\" target=\"_blank\" rel=\"noopener\">Reuters reported<\/a>.<\/p>\n<p>Monsanto has been struggling for investor confidence following the announcement in March 2015 that the\u00a0World Health Organisation\u2019s cancer agency had declared the world\u2019s most widely used weedkiller \u2013 glyphosate \u2013 a\u00a0<a href=\"http:\/\/sustainablepulse.com\/2015\/03\/21\/who-declares-that-glyphosate-herbicides-probably-cause-cancer\/#.VhUqtPmqqko\" target=\"_blank\" rel=\"noopener\">\u201cprobable human carcinogen\u201d<\/a>.<\/p>\n<p><strong>Glyphosate is the base of Monsanto\u2019s whole business model<\/strong>;<\/p>\n<p>a) the glyphosate-based herbicide \u2018Roundup\u2019 is Monsanto\u2019s leading product.<\/p>\n<p>b) Roundup is the herbicide that the majority of Monsanto\u2019s GM crops are designed to be grown with.<\/p>\n<p>Monsanto\u00a0stated; \u201cNet sales for the quarter decreased over the prior year\u2019s first quarter to $2.2 billion. Gross profit on an as-reported basis for the 2016 first quarter also decreased over the prior year period to $901 million. As expected, the decline in the quarter is due to weaker foreign currencies, glyphosate pricing and lower corn volumes in Latin America.<\/p>\n<p>With the anticipated continuation of several global and industry headwinds that include the recent currency devaluation in Argentina, Monsanto expects full-year ongoing EPS guidance to be at the lower half of the range of $5.10 to $5.60.\u201d<\/p>\n<p><strong>Source:\u00a0<\/strong>Sustanaible Pulse &#8211; <a href=\"http:\/\/sustainablepulse.com\/\" target=\"_blank\" rel=\"noopener\">sustainablepulse.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monsanto announced Wednesday that sales in the company&rsquo;s agricultural productivity segment, which includes its probable carcinogen Roundup herbicide, fell 34 % to $820 million. Monsanto&rsquo;s shares fell over 2% as a result.&nbsp;The Biotech giant also said Wednesday that it now plans to cut a total of 3600 jobs, or about 16 % of its global [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":7654,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5210],"tags":[5484],"class_list":["post-7655","post","type-post","status-publish","format-standard","has-post-thumbnail","category-latest-organic-news","tag-sustanaible-pulse-en-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Monsanto Cuts 16% of Work Force as Sales in Roundup Herbicide Fall 34% - Bio Eco Actual<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bioecoactual.com\/en\/2016\/01\/09\/monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monsanto Cuts 16% of Work Force as Sales in Roundup Herbicide Fall 34%\" \/>\n<meta property=\"og:description\" content=\"Monsanto announced Wednesday that sales in the company&rsquo;s agricultural productivity segment, which includes its probable carcinogen Roundup herbicide, fell 34 % to $820 million. Monsanto&rsquo;s shares fell over 2% as a result.&nbsp;The Biotech giant also said Wednesday that it now plans to cut a total of 3600 jobs, or about 16 % of its global [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bioecoactual.com\/en\/2016\/01\/09\/monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34\/\" \/>\n<meta property=\"og:site_name\" content=\"Bio Eco Actual\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BioEcoActual\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-09T18:09:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-05T12:30:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bioecoactual.com\/wp-content\/uploads\/2016\/01\/Monsanto-644x363.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"644\" \/>\n\t<meta property=\"og:image:height\" content=\"363\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bio Eco Actual\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bioecoactual\" \/>\n<meta name=\"twitter:site\" content=\"@bioecoactual\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bio Eco Actual\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bioecoactual.com\\\/en\\\/2016\\\/01\\\/09\\\/monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bioecoactual.com\\\/en\\\/2016\\\/01\\\/09\\\/monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34\\\/\"},\"author\":{\"name\":\"Bio Eco Actual\",\"@id\":\"https:\\\/\\\/www.bioecoactual.com\\\/#\\\/schema\\\/person\\\/43c1f0817cbc73f37ce66f2978084ceb\"},\"headline\":\"Monsanto Cuts 16% of Work Force as Sales in Roundup Herbicide Fall 34%\",\"datePublished\":\"2016-01-09T18:09:31+00:00\",\"dateModified\":\"2025-06-05T12:30:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bioecoactual.com\\\/en\\\/2016\\\/01\\\/09\\\/monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34\\\/\"},\"wordCount\":288,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bioecoactual.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bioecoactual.com\\\/en\\\/2016\\\/01\\\/09\\\/monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bioecoactual.com\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/Monsanto-644x363.jpg\",\"keywords\":[\"sustanaible pulse\"],\"articleSection\":[\"Latest Organic News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bioecoactual.com\\\/en\\\/2016\\\/01\\\/09\\\/monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34\\\/\",\"url\":\"https:\\\/\\\/www.bioecoactual.com\\\/en\\\/2016\\\/01\\\/09\\\/monsanto-cuts-16-of-work-force-as-sales-in-roundup-herbicide-fall-34\\\/\",\"name\":\"Monsanto Cuts 16% of Work Force as Sales in Roundup Herbicide Fall 34% - 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