Deere Announces More Layoffs at Iowa Tractor Plant
USAgNet - 12/10/2024
The layoffs continue at John Deere as the agricultural and construction equipment giant announced another round Tuesday at its Waterloo Works, the company's largest plant.
The Des Moines Register reports that the company plans to lay off 112 workers effective Jan. 5, according to the state's Worker Adjustment and Retraining Notification, or WARN, website.
The announcement is the sixth layoff by Deere in Waterloo, a focal point for tractor manufacturing, in 2024. It's cut a total of 1,075 workers there as farm income projections for 2025 lag, depressing demand for new equipment.
Deere's Waterloo operation currently has 4,700 total employees, with about 2,700 working in production and maintenance jobs, according to the company.
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