Thread regarding John Deere layoffs

Cuts

Deere and Company employees at two Quad City locations were let go for good.

On Tuesday, October 1, Ken Golden Global Relations Director, Ken laid off 50 employees of Harvester Works and 113 employees of Davenport Works indefinitely. The Harvester Works dismissal action will take effect on Monday, October 28. The resignation of Davenport Works will take effect on Monday, November 18.

Golden blames the resignation on reduced customer demand. That's why Deere lowered its revenue and net profit expectations for fiscal year 2019 as it progressed.

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