Deere and Company informed 112 employees at its Waterloo, Iowa plant that they will be laid off in January, 2025. In Davenport, 80 workers will also be losing their jobs after the new year, according to local news reports.
Our fearless leader, Sir Mike, rode in on his editorial white horse with pen drawn and extolled the truth that no one wants to state in public anymore.
In a statement provided to FOX 9, the company said, "While always difficult decisions, we did a reduction in workforce that affected approximately 100 employees in total, across our entire global workforce."
During its third quarter 2023 earnings call on Oct. 20, Husqvarna CFO Terry Burke stated a new cost savings program the company is implementing would impact "approximately 300 positions."
"No other changes are planned," the company said in a statement. "We understand this rebalance directly affects employees and have provided paid time for them to apply for open roles."
According to a report from Quad City Times, Deere has announced it will be eliminating an unknown number of salaried jobs as part of its "Smart Industrial Redesign" strategy.
AGCO announced temporary layoffs impacting a total of 200 employees, with about 100 combined positions being impacted for about 4 months and an additional 100 positions will be impacted for about 1 month.
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