John Deere Announces Global Layoffs for Production and Salaried Employees
WATERLOO, Iowa (KWWL) — In a recent development, multiple sources have revealed that John Deere will be laying off global production and salaried employees. An email sent out on Friday, May 31, mentioned that these layoffs are expected to take place by the end of “Q3 2024”. The company stated that while this decision is a difficult one, it is deemed necessary to ensure the long-term sustainability of the business.
The specifics of how these layoffs will impact the Eastern Iowa facilities remain unconfirmed. The exact number of employees affected and the timeline for the layoffs are currently unknown. KWWL has reached out to John Deere for additional details and comments on this matter. As more information becomes available, KWWL will continue to provide updates on this evolving story.