KDSN Radio

Friday (Jan. 3rd) was the last day of work for 80 John Deere employees in Davenport. The layoff will impact the John Deere Davenport Works location, which builds tractors and farming equipment. John Deere announced the layoffs on Oct. 16th. The company cited recent low demand and challenging market conditions. Deere announced a net income of $7 billion for the 2024 Fiscal Year, a 16 percent drop from the year before.

However, the layoffs don’t stop there. Monday will be the last day for 112 employees at the Waterloo works location. These layoffs were announced on Dec. 3rd.

So far, more than 1,700 John Deere employees across Iowa have been laid off since the start of last year, with most of them in Waterloo.