John Deere to mexico

[Glocker]

nothing new for so called american companies..

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.

 

[Oklahomabassin]

WIll they take some Mexicans back to Mexico?

 

[Glocker]

WIll they take some Mexicans back to Mexico?

Got bad news for you---

mexico city, around 9 million people
greater mexio city (surrounding areas) around 21 million

They're running low on water and they aint heading south...

 

[Lucky]

Sad to hear this

 

[Snattlerake]

Stupid move, all the Mexicans are coming up here.

 

[OKCHunter]

I’m guessing those jobs in Mexico are not union jobs requiring union pay levels.

 

[TedKennedy]

I’m guessing those jobs in Mexico are not union jobs requiring union pay levels.

 

[TedKennedy]

26.7 million plus stock- must be a helluva union.

 

[Dale00]

Increased quarterly profits are everything for corporate executives. String together enough winning quarters and your golden parachute will be very nice indeed.........and if it undercuts the long term success of the company, who cares?

 

[KOPBET]

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.

If he takes the company to Mexico, maybe he'll get $35M.