Anonymous ID: 65adb1 June 30, 2024, 9:40 p.m. No.21118789   🗄️.is 🔗kun

>>21118759

Here is the full news release from the company:

 

In response to market conditions, John Deere has informed employees at three of its factories of upcoming layoffs effective Aug. 30. These include:

 

  • John Deere Harvester Works in East Moline, Illinois: About 280 production employees

  • John Deere Davenport Works in Davenport, Iowa: About 230 production employees

  • John Deere Dubuque Works in Dubuque, Iowa: About 100 production employees

 

These changes are being made due to reduced demand for the products produced at these facilities. As stated in our second quarter earnings call, industry sales are expected to further decline in the back half of FY2024. To better position Deere to meet future demand, we continue to take proactive steps to reduce production and inventory.

 

Some background/additional information:

 

Current employee totals for each facility:

 

  • John Deere Harvester Works currently has about 2,220 total employees with about 1,700 working in production and maintenance jobs.

  • John Deere Davenport Works currently has about 1,390 total employees with about 1,045 working in production and maintenance jobs

  • John Deere Dubuque Works currently has about 2,700 total employees with about 1,430 working in production and maintenance jobs.