Retail Industry

More layoffs at two Deere locations

The down ag economy continues taking its toll on ag equipment companies. On Friday, Deere & Company announced it would layoff approximately 125 employees at two factories in Iowa indefinitely. The workforce adjustment affects approximately 75 employees at Deere's factory in Dubuque and approximately 50 employees at the factory in Ankeny.

The layoff at the Ankeny location, which is part of the agriculture and turf division, is effective April 15. The Dubuque facility is included in the company's construction and forestry division and the layoff there is effective April 29.

Deere said the company continues to balance the size of its manufacturing workforce with market demand for products at individual factories.

 

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