John Deere Freezes US Manufacturing in Major Shutdown
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John Deere has important production lines in different states across the country, but recently, have made the decision to lay off employees in some of these key production sites. The closure of factories in Iowa and Illinois spell trouble for their workers. Over the last ten years, reports have suggested that the company has laid off more than 4,000 employees, and more could face uncertainty in the future.
The reason behind this could be attributed to a number of factors, although John Deere itself states that it's all about optimizing its operations. Thousands of American families are going to be affected by the fallout, but what could be prompting such a radical shift?
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While production from Dubuque Works is moving, not everything else is. Production lines responsible for large-frame loaders, backhoes, and similar heavy equipment will still all come from the United States, but if one factory was moved across borders in the best interest of the company, anything's possible in the future.
While Iowa loses an important factory responsible for generating countless jobs, the new production site in Mexico will make the company more flexible, leveraging the cheaper labor market in the country. To local workers and Americans alike, this could feel like a slow retreat from tradition.
In the shadow of the production pivot, jobs are on the line, with thousands of employees being laid off from important factories in Waterloo, Dubuque, and Ottumwa. More could be laid off as John Deere looks to stay a global competitor in its market.
… more at:
https://www.msn.com/en-us/lifestyle/lifestyle-buzz/john-deere-freezes-us-manufacturing-in-major-shutdown/ss-AA1G0ok9#image=2
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