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Deere announces plans off 600 employees in Midwest plants
Posted on Jul 10, 2024 at 16:44 PM
John Deere plans to lay off 600 employees at three manufacturing facilities in Iowa and Illinois, effective Aug. 30, according to published reports.
Fox Business reported the company’s plans to cut 280 employees from its East Moline, Illinois, facility, another 230 from a location in Davenport, Iowa, and approximately 100 from its location in Dubuque, Iowa. Combined, the layoffs amount to about 14% of the three locations’ estimated 4,175 employees.
The move is the latest of multiple rounds of staff cuts for Deere, the world’s largest seller of tractors and crop harvesters with more than $10 billion in profits in 2023. Since March, Deere had trimmed more than 750 employees from its locations in Waterloo, Ankeny and Ottumwa, according to reports in the Des Moines Register.
The company is moving its production of skid steers and compact truck loaders to Mexico by 2026, Fox News reported.
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