Edelman has reduced its global workforce by more than 5% — impacting about 330 employees — and will sunset several of its subsidiary boutique agencies, according to a memo obtained by Axios. Why it matters: This is part of a broader demand across the industry for more streamlined,

Cargill cutting 5% of global workforce

Cargill, the largest privately-held company in the U.S. according to Forbes, is laying off 5% of its global workforce. The Minnesota-based ag commodities