| Submit your comments on this article |
| Economy |
| Fury as one of America's oldest companies slashes jobs in the Midwest as it shifts work to Mexico: 'It's greed' |
| 2024-06-30 |
| [Daily Mail, where America gets its news] John Deere is sparking outrage by laying off American workers and moving more of its agricultural equipment manufacturing to Mexico. Since October 2023, more than 1,000 John Deere workers have either been laid off or pushed into an early retirement across several plants in Iowa and Illinois. In many instances, production that these US workers were responsible for has been shifted to new locations in Mexico. The company was founded 187 years ago. More layoffs are expected later this year - despite John Deere raking in over $10 billion in profit in 2023 while also paying CEO John May $26.7 million in total compensation. A longtime John Deere worker at the Harvester Works plant in East Moline, Illinois, told The Guardian it comes down to one thing: Greed. Related: John Deere 01/22/2024 I cannot see myself voting for Biden this time - Elon Musk John Deere 01/17/2024 John Deere Partners With Elon Musk's Starlink To Unlock "Vast Opportunities" John Deere 05/03/2022 Russian troops stole $5M worth of farm vehicles from a John Deere dealership, which remotely locked the thieves out of the equipment |
| Posted by:Skidmark |
| #12 |
| Posted by: Abu Uluque 2024-06-30 18:10 |
| #11 ^ We don't need you anymore. This is Jose, show him how to run the GeeWiz 6000 before you leave today and don't forget to punch out. |
| Posted by: Besoeker 2024-06-30 16:02 |
| #10 My sister's husband worked in the Kingsford charcoal plant in south Alabama. After NAFTA Kingsford closed the plant, moved all the equipment to Mexico, and wanted employees to go to Mexico and teach them how to use it. He and the other employees told them to stuff it. |
| Posted by: Deacon+Blues 2024-06-30 15:19 |
| #9 Technically it's an American product built in Mexico. Fine. Tariff the labor part of the total value. But wouldn't it be better to spend a bit to keep Mexican workers in Mexico? And use the tariff leverage to get theit southern border closed. |
| Posted by: M. Murcek 2024-06-30 14:02 |
| #8 No problem, just tariff the hell out of them since they're now a foreign product competing with American manufacturers. |
| Posted by: Mercutio 2024-06-30 13:55 |
| #7 /\ Yes, very retro. |
| Posted by: Besoeker 2024-06-30 09:12 |
| #6 I like how the drive wheels for the tracks are a throwback to the spoke and steel rim on the very first tractors. |
| Posted by: M. Murcek 2024-06-30 07:42 |
| #5 One of these pulled into the Dairy Queen yesterday while I was getting my milk shake. Absolutely huge, remarkably complex and infinitely capable. |
| Posted by: Skidmark 2024-06-30 07:12 |
| #4 All big corporations are globalist Do not be angry at John Deere acting rationally Be angry at government yhat allows conglomerates to get so large they dominate the market American capitalist democracy works best with competition and a fair free market which means the John Deeres of the world should be broken into 100 smaller businesses so competition remains And put tariffs on imports and ban migration If you sell product in the domestic market you shouldnt be able to strip mine child labour slaves in mexico and china then sell your product in high wage high price countries. |
| Posted by: Anon1 2024-06-30 05:26 |
| #3 So will it be rebranded as "Juan Deere"? Or will they go for a more generic, like: "Pedro-Tractors"? Either way, I guess that last UAW strike was the final straw. |
| Posted by: NN2N1 2024-06-30 05:12 |
| #2 The AI editor had the weekend off. |
| Posted by: Skidmark 2024-06-30 01:20 |
| #1 From the article: XX Should we have the Dubuque job losses here too - bunch them all together, at least on first mention. And can we do them in chronological order - May is before March. Also assuming this first Oct one is 2023. And/or a little fact box on them, which we could also get made up ona little graphic of Iowa showing Factory location and town, population, jobs lost (and jobs left). Might be good to summarise that way. But can do it a fact box first and then decide on map graphic Heh. Looks like someone forget to edit out the production notes. Oopsie! Layers and layers of fact checkers and editors... |
| Posted by: SteveS 2024-06-30 00:21 |