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Deere & Company layoffs in Iowa/Illinois

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More than 900 workers at John Deere ag equipment plants in Iowa and Illinois are being laid off indefinitely. The Moline, Illinois company is giving notice to 560 workers at three locations in Waterloo, Iowa, 300 at the Des Moines Works Plant in Ankeny, Iowa and 45 employees of Harvester Works in East Moline, Illinois.

Deere officials say the decision reflects the economic forecast in the company’s November 2014 earnings report.

The layoffs will take place from February through late March.

Also, about 500 employees at Deere’s Seeding and Cylinder facility in Moline, Illinois will go on an “extended inventory adjustment shutdown.” The company says a seasonal adjustment is typical for that location this time of year.

On the hiring side, Deere has added 110 new jobs at its construction and forestry factories in Dubuque and Davenport, Iowa.

~Thanks to Radio Iowa

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