Deere Layoffs 2024: What to Know About the Latest Job Cuts

Deere (NYSE:DE) layoffs are a hot topic on Wednesday after the tractor and farm equipment company announced job cuts coming in 2024.Deere let its employees know about the layoffs and then announced them to the public via a filing with the Securities and Exchange Commission (SEC). In that filing, the company notes that it is reducing jobs in its production and salaried workforce.Deere is enacting these layoffs to help it meet strategic priorities while also reducing overlap. It will also help cut down on red ...