Deere announced another round of layoffs on June 5, this time impacting 120 workers at its Seeder and Cylinder plant in Moline, Ill., reports KCRG-TV9. The cuts are effective June 28.This follows the announcement May 20 that 190 production jobs would be cut at the Waterloo, Iowa, plant.
Deere is also buying land in Ramos, Mexico to build a factory that will take over some of the production currently done in its Dubuque Works facility in Iowa. According to a Yahoo!Finance report, "'Deere says that 'when the facility is operational in 2026, production of mid-frame skid steer loaders and compact track loaders will be relocated from Dubuque Works to Ramos.'"
Other layoffs announced include:
- John Deere Des Moines Works, Ankeny, 16 employees
- John Deere Intelligent Solutions, Urbandale, 58 employees
- John Deere Waterloo Works, Waterloo, 49 employees
The company also announced more than 300 layoffs in April.
Source : Farm Equipment