John Deere confirmed layoffs at three sites in Illinois and Iowa following weak Q3 earnings and rumors of cuts. Impacted locations include East Moline, Moline, and Waterloo. The company cited a struggling ag economy that has reduced equipment orders, directly affecting its business. “This is a challenging time for many farmers, growers, and producers, and it directly impacts our business in the near term,” John Deere said in its statement.
https://www.agweb.com/news/breaking-john-deere-confirms-238-layoffs-across-3-plants