Bayer withdrew from a state tax incentive program worth tens of millions of dollars. Two months later, the company rolled out a widespread restructuring plan.
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ST. LOUIS Agribusiness giant Bayer is asking its employees to volunteer for severance packages as the company readies for layoffs and navigates a shift to a "new operating model."
Bayer will trim jobs, especially in management roles. Workers were asked last week to notify the company if they wish to be considered for severance payouts.