John Deere Layoffs 2024 Canada. John deere says recent layoffs of both its salaried and production workforce are due to lower net farm income, higher interest rates and market volatility. John deere has announced new layoffs but also points out it has invested $2.5 billion in a new 9rx tractor line, x9 combine assembly and see and spray.
Is laying off an additional nearly 300 people in iowa and illinois as demand for farm equipment slows from the peak production of recent years. 3, are of 200 workers at the.