Deere (John Deere) layoffs, on the record
Every job cut, severance charge and restructuring Deere (John Deere) reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 83,000 to approximately 73,100.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 83,000 | October 29, 2023 |
| 10-K for 2024 | approximately 75,800 | October 27, 2024 |
| 10-K for 2025 | approximately 73,100 | November 2, 2025 |
Job cuts, severance and restructuring
Our summaryDeere conducted a reduction in workforce in fiscal year 2024, which the filing says may adversely affect the company.
Word for word“Failure to preserve our culture or focus on our values could negatively affect our ability to retain and recruit talent.” 10-K for 2024
Our summaryDeere recorded a curtailment expense related to U.S. hourly employee layoffs.
Word for word“During 2024, curtailment expense of $ 35 was recognized related to U.S. hourly employee layoffs.” 10-K for 2024
Our summaryDeere announced the shifting of production of skid steer loaders and compact track loaders from its Dubuque, Iowa factory to Ramos, Mexico.
Word for word“In addition, decisions regarding the rationalization, restructuring or relocation of facilities, such as the recently announced shifting of production of skid steer loaders and compact track loaders from our Dubuque, Iowa factory to Ramos, Mexico, and any similar actions we may undertake in the future, could also subject us to additional or new tariffs, other issues relating to the importation of products, fines, and reputational risks.” 10-K for 2024
Our summaryDeere recognized pension curtailment expense tied to layoffs of U.S. hourly employees in 2025 and 2024.
Word for word“During 2025 and 2024, curtailment expense of $ 18 and $ 35 , respectively, was recognized related to U.S. hourly employee layoffs.” 10-K for 2025
Our summaryDeere moved production of small-frame skid steer loaders and compact track loaders to Mexico.
Word for word“In 2024, we shifted production of small-frame skid steer loaders and compact track loaders to Mexico.” 10-K for 2025
Deere (John Deere) 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 Deere)’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.