Mass Layoffs Follow $10 Billion in Profits at John Deere for 2023
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The United Auto Workers on Tuesday condemned the manufacturing company John Deere over recent mass layoffs at factories in Iowa and Illinois, arguing the company’s strong profits, lavish handouts to investors, and exorbitant CEO pay give the lie to claims that the job cuts and outsourcing were necessary. “John Deere’s reckless layoffs and job cuts are an insult to the working-class people of…