UPDATE: John Deere Releases Q3 Earnings as Mass Layoff Notice for Illinois Plant is Posted Then Removed

A WARN notice has been removed after showing layoffs of nearly 1,000 employees at Deere’s East Moline location.

John Deere
John Deere
(John Deere)

UPDATE: An Illinois WARN notice, posted on Wednesday, showed John Deere was laying off 819 employees at its John Deere Harvester location in East Moline. However, by Thursday afternoon, the notice had been removed.

EARLIER: The posting showed the notification was received on Aug.13, 2025 and July 1, 2024.

But Dustin Lemmon, public relations manager for John Deere, released a statement to Farm Journal saying, “If there is a workforce reduction, we will first communicate directly with our employees.”

Earlier this year, Deere reported a significant drop in first-quarter profits. It also predicted a 30% decline in large agricultural equipment sales in the U.S. and Canada in 2025.

On Thursday, Deere released its third quarter earnings summary — reporting a net income of $1.289 billion, or $4.75 per share. That’s compared with a net income of $1.734 billion, or $6.29 per share, at the same time last year. The results topped Wall Street predictions.

For the first nine months of the year, net income attributable to Deere & Company was $3.962 billion, or $14.57 per share, compared with $5.855 billion, or $21.04 per share, for the same period last year.

Worldwide net sales and revenues dropped by 9%, to $12.01 billion, for the third quarter and decreased 18%, to $33.290 billion, for nine months.

AgWeb-Logo crop
Related Stories
Union’s counteroffer exceeds company proposal by roughly $500 million as workers prepare to vote on contract extension.
Nutri-Tiller 1000 series combines with Early Riser planter and FieldOps guidance to reduce costs, improve emergence and maximize yield potential.
Geopolitical conflicts and policy failures squeeze already-thin margins as farmers scramble for solutions.
Read Next
Scouts say early-season weather stress reduced corn ear counts and grain length and cut stands across the Corn Belt, but above-average soybean pod numbers mean farmers could harvest a record bean crop this fall.
Get News Daily
Get Market Alerts
Get News & Markets App