John Deere Salaried Layoffs 2024

John Deere Salaried Layoffs 2024. Deere reports sales down 17% for q3, $1.734 billion in net income. Thursday morning deere & company announced a.

Cut nearly 500 salaried workers in iowa and illinois, with 319 employees slashed at the iconic tractor and combine manufacturer’s global headquarters and production facility, both. John deere says recent layoffs of both its salaried and production workforce are due to lower net farm income, higher interest rates and market volatility.