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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Deere and Co | NYSE:DE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
5.00 | 1.26% | 400.96 | 401.34 | 394.85 | 399.64 | 1,626,807 | 01:00:00 |
MOLINE, Ill., July 22, 2016 /PRNewswire/ -- Deere & Company (NYSE: DE) today has informed approximately 120 production employees at John Deere Harvester Works in East Moline, Illinois that they will be placed on indefinite layoff effective September 6. The factory's workforce currently includes approximately 1050 production employees.
Deere said the company continues to adjust the size of its production workforce to market demand for products manufactured at each of its factories. In previous announcements, Deere said it expects sales of agricultural equipment to decrease for the 2016 fiscal year.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/deere-announces-factory-workforce-adjustments-300302680.html
SOURCE Deere & Company
Copyright 2016 PR Newswire
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