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John Deere to Lay Off 610 Workers as Production Moves to Mexico

The agricultural machinery giant cites rising operational costs and declining market demand for its decision.

  • Layoffs will affect employees in Illinois and Iowa, taking effect on August 30.
  • John Deere will offer Supplemental Unemployment Benefits and health coverage to impacted workers.
  • The company is shifting production of skid steer loaders and compact track loaders to Mexico by 2026.
  • Despite a profit of $10.166 billion last year, John Deere has revised its profit forecast downward twice in 2024.
  • Employees and communities express concerns over job losses and attribute the move to corporate greed.
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