Deere & Company Announces Job Cuts Amid Production Shift to Mexico
SOURCENews reportView the filing ↗
What we know
Location: Moline, Illinois, USA.
Based on news reporting.
Summary
Deere & Company has announced the layoff of approximately 1,500 employees as it shifts production operations to Mexico. This decision has sparked significant outrage among workers and the community in Moline, Illinois, where the company is headquartered. The layoffs are part of a broader strategy to reduce costs and increase efficiency in production. The company has faced criticism for prioritizing lower labor costs overseas while cutting jobs domestically. The layoffs are expected to take effect shortly, impacting a substantial portion of the workforce in the U.S.
LayoffTalk has tracked 29 layoff events at Deere & Company since January 2023, with 29 additional events known from news reporting.
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