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The company said ongoing weakness in the agricultural sector had led to softer sales and made the layoffs necessary.
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The New Republic on MSNIn Wake of Trump Tariffs, John Deere Announces Mass Layoffs
John Deere has been hit hard by President Donald Trump’s tariffs. The farm equipment manufacturer and industry bellwether ...
John Deere has reported significant hits from weaker agricultural demand, but Wall Street still sees optimism for the company ...
The manufacturer says decreased demand and lower order volumes for its farm equipment are the main factors for this wave of ...
In a statement, Deere & Company attributed the layoffs to a decrease in demand and lower order volumes, saying "This is a ...
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Powell's speech, John Deere's bumpy road, Cracker Barrel's new logo and more in Morning Squawk
At the heart of the changes was the removal of a man leaning against a barrel and the phrase "old country store" from the ...
Deere and Company reports impact of sluggish ag economy and confirms layoffs at three plants, Dave Bergmeier writes.
In its third quarter earnings call, Deere & Co. reported a 9% decline in net sales to $12.018 billion for the quarter.
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KWQC on MSNOver 230 John Deere employees laid off at 3 facilities
QUAD CITIES, Ill./Iowa (KWQC) - Over 230 John Deere employees have been laid off at three facilities. According to John Deere ...
John Deere plans a $20 billion investment in the U.S. over the next 10 years, emphasizing advanced manufacturing, innovative ...
Caterpillar is facing as much as $1.5 billion in tariff-related costs in 2025 but is keeping revenue guidance above 2024 levels.
When farmers feel secure, they buy from John Deere, and the company hums. When farmers feel anxious or unsure, they are hesitant to make large investments in equipment, and Deere feels the pinch first ...
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