Similar Stories to Struggling With Falling Demand For Farm Equipment, Deere & Co. Announces Nearly 600 Layoffs on Bing News

Matt Ott, Chicago Tribune: Business
Tue, 07/02/2024 - 10:44am

Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. Deere confirmed Monday that the production positions being cut are concentrated at two factories in Iowa and one at its home base in Moline, Illinois, where 280 employees will be laid off effective Aug.

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Topics:  illinois   aug   the u.s department   agriculture   usda   early   dubuque   ramos   deere    co   a   iowa   moline   the   june   mexico   production   workers   time   billion   prices   expected   declining   net   declines   income   effective   profit   employees   
BING NEWS:
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    09/24/2024 - 12:20 am | View Link
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    Shares of Deere & Co. ($DE) fell 2% in extended trading after former U.S. President Donald Trump threatened to impose a 200% tariff on the farm ...
    09/23/2024 - 1:50 pm | View Link
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