John Deere announces mass layoffs in Midwest amid production shift to Mexico

Source: https://www.foxbusiness.com/economy/john-deere-announces-mass-layoffs-midwest-amid-production-shift-mexico
Published: Jul 1, 2024
Author: Horse
Post Date: 2024-07-01 13:50:01 by Horse
Views: 416

John Deere, the world’s largest seller of tractors and crop harvesters, has announced another wave of layoffs Friday, telling around 610 production staff at plants in Illinois and Iowa that they will be out of a job by the end of the summer.

The company is slashing around 280 workers from a plant in East Moline, Illinois, while another 230 employees are being let go at a factory in Davenport, Iowa. About 100 production employees at the company’s Dubuque, Iowa, plant will also be impacted. All layoffs are said to be effective from Aug. 30, the company tells Fox Business.

The layoffs are being made due to reduced demand for John Deere's products from those factories.


Poster Comment:

Send all those factories overseas while importing tens of millions of non-workers. Sounds like a plan that won't work.

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#1: Prefrontal Vortex    To: Horse (#0)

Juan Deero

Prefrontal Vortex posted on 2024-07-02 08:52:19   Reply   Private Reply


#2: Prefrontal Vortex    To: Horse (#0)

Sounds like a plan that won't work.

It's working great. The permanent Dem majority is baked in, while big capital gets bigger.

Prefrontal Vortex posted on 2024-07-02 08:54:41   Reply   Private Reply