Bayer preps to cut jobs and restructure, invites workers to ‘opt in’ for severance

Agribusiness giant Bayer is asking its employees to volunteer for severance packages as the company with a large St. Louis workforce readies for layoffs and navigates a shift to a “new operating model.” The move, announced in an email to workers last week, comes after years of financial turmoil and months of recent descriptions from Bayer...