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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 ...
John Deere has announced layoffs at three of its plants following a weak earnings report amid a decline in farm commodity ...
The manufacturer says decreased demand and lower order volumes for its farm equipment are the main factors for this wave of ...
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John Deere reported weaker fiscal third-quarter results as softer demand in the agricultural sector weighed on earnings and sales, according to CNBC. The company warned it could face up to $600 ...
John Deere has reported significant hits from weaker agricultural demand, but Wall Street still sees optimism for the company ...
MOLINE, Ill. — News 8 has received a letter sent to salaried John Deere employees on May 31, 2024, suggesting layoffs are expected by the end of quarter three of 2024.
The company said ongoing weakness in the agricultural sector had led to softer sales and made the layoffs necessary.
John Deere Works in Davenport announced at the end of June it would cut 211 employees. The Dubuque John Deere site also announced it would lay off 99 workers. The layoffs are effective Aug. 30.
John Deere has been hit hard by President Donald Trump’s tariffs. The farm equipment manufacturer and industry bellwether ...
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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 ...