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John Deere announced layoffs of almost 250 workers at 3 separate locations last Friday.71 of those workers come from their ...
The Moline-based tractor manufacturer is laying off 115 employees in East Moline, 52 in Moline, and 71 in Waterloo.
The manufacturer says decreased demand and lower order volumes for its farm equipment are the main factors for this wave of ...
John Deere has announced layoffs at three of its plants following a weak earnings report amid a decline in farm commodity prices ...
The cuts include 115 workers at Harvester Works in East Moline, IL, on August 29; 71 at the Waterloo, IA, Foundry on ...
The company said ongoing weakness in the agricultural sector had led to softer sales and made the layoffs necessary.
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John Deere has reported significant hits from weaker agricultural demand, but Wall Street still sees optimism for the company ...
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In a statement, Deere & Company attributed the layoffs to a decrease in demand and lower order volumes, saying "This is a ...