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The Water Cooler
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John Deere to mexico
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<blockquote data-quote="Glocker" data-source="post: 4289197" data-attributes="member: 916"><p>nothing new for so called american companies..</p><p></p><p>John Deere is sparking outrage by laying off American workers and moving more of its agricultural equipment manufacturing to <a href="https://www.dailymail.co.uk/news/mexico/index.html" target="_blank">Mexico</a>.</p><p></p><p>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 <a href="https://www.dailymail.co.uk/news/iowa/index.html" target="_blank">Iowa</a> and <a href="https://www.dailymail.co.uk/news/illinois/index.html" target="_blank">Illinois</a>.</p><p></p><p>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.</p><p></p><p>More layoffs are expected later this year - despite John Deere raking in over <strong>$10 billion </strong>in profit in 2023 while also <strong>paying CEO John May $26.7 million in total compensation</strong>. </p><p></p><p>A longtime John Deere worker at the Harvester Works plant in East Moline, Illinois, told <a href="https://www.theguardian.com/business/article/2024/jun/07/john-deere-layoffs-work-moving-mexico" target="_blank">The Guardian</a> it comes down to one thing: <strong>Greed</strong>.</p></blockquote><p></p>
[QUOTE="Glocker, post: 4289197, member: 916"] 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 [URL='https://www.dailymail.co.uk/news/mexico/index.html']Mexico[/URL]. 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 [URL='https://www.dailymail.co.uk/news/iowa/index.html']Iowa[/URL] and [URL='https://www.dailymail.co.uk/news/illinois/index.html']Illinois[/URL]. 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 [B]$10 billion [/B]in profit in 2023 while also [B]paying CEO John May $26.7 million in total compensation[/B]. A longtime John Deere worker at the Harvester Works plant in East Moline, Illinois, told [URL='https://www.theguardian.com/business/article/2024/jun/07/john-deere-layoffs-work-moving-mexico']The Guardian[/URL] it comes down to one thing: [B]Greed[/B]. [/QUOTE]
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