Location: Waterloo and Des Moines, Iowa, USA.
Based on news reporting.
Deere & Company has announced additional layoffs affecting approximately 150 employees at its facilities in Waterloo and Des Moines, Iowa. This decision comes as part of the company's ongoing efforts to streamline operations and respond to changing market conditions. The layoffs are part of a broader trend in the agricultural equipment sector, which has faced challenges in recent months. Deere has indicated that these cuts are necessary to maintain competitiveness and adapt to fluctuating demand for its products. The affected employees will be notified in the coming weeks, and the company is committed to supporting them during this transition.
Deere & Company cut 150 jobs as of October 1, 2023.
That is roughly 0.2% 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.
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