Monsanto’s corruption seems to be catching up with them as sales drop and protests continue to hold them responsible for the dangers of GMOs.

While Monsanto seems to tower over the agriculture industry, both in terms of its political power and its potentially detrimental effects on the environment, low earnings are cutting into corporate profits and costing employees their jobs.

Monsanto had already announced a major wave of layoffs in October when the corporation reported a profit of $3.5 billion for the 2015 fiscal year, a decline of about 13.5 percent from the previous year. At the time, according to Irish Farmers Journal’s Lorcan Allen, the corporation “said it expects to cut up to 2,600 jobs in the next 24 months with a target to make annual savings of $275-300m by the end of 2017.”

Earnings continued to fall in the first quarter of the 2016 fiscal year, according to […]