Location: Moline, Illinois, USA.
Based on news reporting.
Deere & Company has announced significant layoffs affecting approximately 5,000 employees as part of a restructuring effort following a challenging year. The layoffs are part of a broader initiative to streamline operations and adapt to changing market conditions. The company is implementing new U.S. initiatives aimed at enhancing productivity and efficiency. These layoffs, which took place in October 2023, reflect Deere's response to economic pressures and a need to realign its workforce. The company is committed to supporting affected employees during this transition.
Deere & Company cut 5,000 jobs as of October 1, 2023.
That is roughly 6% 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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