John Deere Begins Laying Off Salaried Employees

By Ben Thorpe – Equipment World

Salaried John Deere employees are now being laid off following layoffs at several Deere factories.

Three Worker Adjustment and Retraining Notification (WARN) filings in Iowa from John Deere stated 170 employees had been laid off at various Iowa facilities as part of a “mass layoff.”

The salaried layoffs follow a string of layoffs Deere implemented in its manufacturing facilities across the U.S.

John Deere confirmed in a July 30 statement to Equipment World that salaried layoffs, noted in a Deere SEC filing in May, have begun. The full statement from Deere reads as follows:

“As the largest global manufacturer of agricultural equipment, John Deere, like many others in our industry, faces significant economic challenges, rising operational and manufacturing costs, and reduced customer demand, including a 20 percent decline in sales from 2023 to 2024. 

READ FULL ARTICLE

You cannot copy content of this page