John Deere Layoffs 2024 Uk. John deere says recent layoffs of both its salaried and production workforce are due to lower net farm income, higher interest rates and market volatility. Is planning to announce layoffs of salaried employees on july 24, 2024, according to an email sent to employees on july 15.
Net sales and revenues decreased 28% for the fourth quarter of fiscal year 2024 and decreased 16% for the full year to $51.72 billion, according to john deere’s latest financial report. Wednesday, july 24, a new round of layoffs was announced affecting an unknown number of deere’s salaried cadre.
