DuPont Pioneer Confirms Iowa Layoffs
DuPont Pioneer officials earlier this week confirmed the company has laid off “an undisclosed number of workers” in Iowa. A spokesperson for the company said the layoffs are an effort to “integrate our operations and establish a streamlined, efficient, built-for-purpose organization." \
DuPont and Dow Chemical closed their $150 billion merger this fall, with plans of creating several smaller companies, including a new standalone ag company. The Des Moines Register reports the company remains committed to its three locations in Delaware, Indiana and Iowa.
Though Iowa lost its bid to headquarter the company's new ag firm, state leaders awarded $17 million in incentives in 2016 to keep roughly 2,600 jobs at DuPont Pioneer in the state. The company expects that over time, it will have a presence of “equal or higher” employment levels, because of the transition.
Source; NAFB News