John Deere Layoffs 2024 Reddit. John deere cuts nearly 500 salaried workers in johnston, dubuque, waterloo and the quad cities, citing lower commodity prices, higher interest rates. “john deere reported a profit of over $10bn in fiscal year 2023 and its ceo john may received $26.7m in total compensation.
Deere on wednesday announced a new round of layoffs, hitting a portion of its salaried staff and adding to the nearly 2,000 employees it has already laid off in the past few months. John deere cuts nearly 500 salaried workers in johnston, dubuque, waterloo and the quad cities, citing lower commodity prices, higher interest rates.
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