Deere John Capital layoffs, on the record
Every job cut, severance charge and restructuring Deere John Capital reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 1,508 to 1,298.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 1,508 | October 29, 2023 |
| 10-K for 2024 | 1,338 | October 27, 2024 |
| 10-K for 2025 | 1,298 | November 2, 2025 |
Job cuts, severance and restructuring
Our summaryThe company conducted a reduction in workforce in fiscal year 2024.
Word for word“While we strive to reduce the impact of the departure of employees, our operations or ability to execute our business strategy may be affected by the loss of employees, such as in connection with the reduction in workforce we conducted in fiscal year 2024.” 10-K for 2024
Our summaryThe company stated that it may conduct other workforce reductions in the future and may not realize expected cost savings from the fiscal 2024 reduction.
Word for word“In addition, we may not realize the expected cost savings from the reduction in workforce.” 10-K for 2024
Deere John Capital has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Deere John Capital’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-12-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.