More Layoffs For Deere & Company - News and Weather For The Quad Cities -

More Layoffs For Deere & Company

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Deere and Company has made another round of layoffs.

Director of Global Public Relations, Ken Golden, confirms approximately 190 employees at Moline's Seeding and Cylinder have been temporarily laid off.

The layoffs start September 1, 2014.

Golden tells KWQC this layoff is different than the 600 layoffs announced last week.

Those are indefinite.

These workers at Seeding and Cylinder have been given a call back date.

He says "we do on occasion have shutdowns of this nature to adjust inventory."

In addition to these layoffs, Deere & Company has also cut around 460 workers from their Waterloo, Iowa plant.

The company statement was sent out this morning.

MOLINE, ILLINOIS (August 22, 2014) - Deere & Company announced today that it will place

approximately 460 employees who work in the company's Waterloo, Iowa operations on indefinite

layoff in response to current market demand for its products. Deere said employees were informed

today of the layoffs, which are effective October 20th.

"Layoffs are never easy because we understand the significant impact this action has on our

employees, their families, and the community" said Dave DeVault, factory manager. "We very carefully

assess our workforce requirements to ensure we make the best possible decision to respond to various

market conditions."

When Deere announced third quarter earnings on August 13th, the company said it planned to

reduce agricultural equipment production for the balance of the year.

Deere has emphasized that the company must match the size of its manufacturing workforce with

market demand to remain globally competitive. Deere had hired several hundred manufacturing

employees in recent years to meet increased demand for products manufactured in its Midwest U.S.


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