Layoff | ¹û¶³´«Ã½ Our Members Bring Choice, Value & Innovation to Agriculture Fri, 13 Dec 2024 19:09:22 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.4 /wp-content/uploads/2023/09/fema-favicon-75x75.png Layoff | ¹û¶³´«Ã½ 32 32 Deere Adds More Iowa Layoffs /news/manufacturing/deere-adds-more-iowa-layoffs/ Fri, 13 Dec 2024 18:52:16 +0000 /?p=30439 John Deere Company plans to continue more layoffs in its global workforce. Announcing they will be cutting more jobs in its Iowa state production plants, adding to the current 2024 amount of 1,700 jobs and employees. One hundred more employees were told they will be laid off from their current positions, just after the holiday seasons of Christmas and the new year.

Deere noted reasons for continued layoffs by saying the decline in need for major farming equipment, and challenging market conditions were what led to the decisions, with Deere’s net income down $3 billion dollars in fiscal year 2024.

Deere is attempting to take care of those future laid off employees however, offering early retirements to some employees, while also offering 12 months of healthcare and transitional assistance pay covering 50 percent of their average weekly wage for up to 52 Weeks.

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Deere Lays Off 150 Production Workers at Iowa Plant /news/deere-lays-off-150-production-workers-at-iowa-plant/ Thu, 14 Mar 2024 14:33:10 +0000 /?p=27382 About 150 workers at John Deere’s campus in Ankeny, IA are getting laid off.

Factory leadership informed some production workers at the John Deere Des Moines Works campus in Ankeny on Friday that they will be indefinitely laid off in April and May, according to a company statement.

“Each John Deere factory balances the size of its production workforce with the needs of the individual factory to optimize the workforce at each facility,” the statement said.

The Ankeny site, 825 S.W. Irvinedale Drive, has about 1,700 employees, including 1,136 in production and maintenance. Workers at the campus manufacture heavy agricultural equipment, including sprayers and cotton pickers.

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