Monsanto to cut 1,000 more jobs

In a regulatory filing yesterday, Creve Coeur-based agricultural giant Monsanto Co. disclosed plans to cut an additional 1,000 jobs.

Combined with the 2,600 layoffs committed to this fall, the cuts amount to 16 percent of the company's global workforce.

The company expects to pay as much as $1.2 billion in restructuring costs, including severance and facility closures.

Read more from the St. Louis Business Journal.