Deere Cuts Workers in Moline

Deere & Co. announced recently it is laying off employees at Deere Seeding in Moline, the Quad-City Business Journal reported.

Approximately 160 employees who had been on layoff for an inventory adjustment shutdown learned they will be placed on indefinite layoff.

Other employees who had been on inventory adjustment shutdown will return to work as planned this month.

In May, when Deere reported its second-quarter earnings, the company expected overall equipment sales would decrease by 19% in fiscal year 2015, including a decrease of approximately 24% for agriculture and turf equipment sales. S