(ABC 6 News) — A devastating announcement came on Tuesday from one of Minnesota’s largest food corporations.

Food supply chain Cargill will be laying off 5% of its total workforce. The announcement is expected to impact thousands of employees across the globe.

So far, the company has not provided specifics on the cuts, but according to a 2024 report from the company, it employs more than 160,000 employees globally.

This means a 5% cut would result in approximately 8000 job losses.