WATERLOO, Iowa — John Deere announced upcoming workforce reductions this morning at several facilities due to decreased demand and lower order volumes. This move affects Waterloo Operations and Des Moines Works, with 101 and 40 employees respectively, facing their last day of work on October 17 and October 31.
John Deere is investing nearly $20 billion over the next decade to upgrade and enhance its U.S. manufacturing facilities, aiming to maintain competitiveness. Despite the layoffs, none of the impacted factories or product lines were affected by last month's layoffs.
Affected employees are eligible for recall based on their length of service and will receive monetary benefits, including weekly supplemental unemployment and transitional assistance benefits. Healthcare coverage is main