Location: Moline, Illinois, USA.
Based on news reporting.
Deere & Company has announced layoffs affecting approximately 1,000 employees as part of its response to ongoing challenges in the agricultural sector. The layoffs are a direct consequence of a farm crisis exacerbated by rising costs, including a $600 million tariff burden. The company is taking these measures to streamline operations and maintain financial stability during these turbulent times. The layoffs are set to take effect in early October 2023, impacting various roles within the organization. This decision reflects Deere's efforts to adapt to changing market conditions and ensure long-term sustainability.
Deere & Company cut 1,000 jobs as of October 1, 2023.
That is roughly 1.2% of the 83,000 people Deere & Company employs.
LayoffTalk has tracked 33 layoff events at Deere & Company since January 2023, affecting a combined 26,046 employees.
Anonymous by default. Be kind — people reading this may be going through it right now.
Deere & Company cut 1,000 jobs on October 1, 2023. Were you affected, or do you know people who were? How was it handled — severance, notice, which teams? You can post anonymously below.
Share your story anonymously — it helps others reading this feel less alone.
Share your story →Recent tracked events at this company.