Monday, July 22, 2024

Layoffs of salaried Deere employees to begin next week

from AG Daily

About eight weeks after Deere & Co. sent out a letter discussing plans to lay off global salaried employees, the company says an official layoff announcement is scheduled for July 24.

This decision also comes on the heels of an email sent to employees on July 15, indicating the upcoming workforce reductions. These layoffs, according to Deere, are part of a broader strategy the company has been implementing to adjust its workforce in recent months.

The layoffs will affect a number of salaried workers worldwide that has yet to be revealed. Deere says that the affected employees will begin receiving notifications on Wednesday, July 24. Those whose roles do not require them to be onsite have been asked to work from home from July 24 to July 26 and to postpone any business travel during this period. A global meeting will be held to provide more detailed information about the workforce changes. Employees who are being laid off will receive information regarding severance offers and other separation details...

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