Location: Waterloo, Iowa, USA.
Based on news reporting.
Deere & Company has announced 71 layoffs at its Waterloo location following the release of its Q3 earnings report. This decision comes as part of the company's ongoing adjustments in response to market conditions. The layoffs reflect Deere's efforts to streamline operations and manage costs effectively. The affected employees will be notified shortly, and the company is committed to supporting them during this transition. This move highlights the challenges faced by Deere in the current economic climate, as it seeks to maintain operational efficiency.
Deere & Company cut 71 jobs as of October 1, 2023.
That is roughly 0.1% 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.
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