Deere announced layoffs in March

April 7, 2009 08:52 AM
 

Deere & Company said today that 40 employees of the John Deere Ottumwa Works will be placed on indefinite layoff due to reduced market conditions for the factory's products–balers, mower conditioners, windrowers and pull-type forage harvesters used by hay and livestock producers. The layoffs affect production workers with the least seniority. The layoffs are effective April 20th.

Deere & Company said today that 325 employees of the construction and forestry division will be placed on indefinite layoff at two factories due to depressed market conditions. The layoffs are in addition to previously announced reductions in those factories. The company said the layoffs include 220 employees at Dubuque Works and 105 employees at Davenport Works. Deere said layoffs are based on seniority and that employees were told of the plans in meetings today at both locations. In February, Deere reported that sales of construction and forestry equipment had deteriorated more than expected.

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