DE · News · 20261102N
Headcount / Restructuring
DEERE & CO · 2026-11-02 · Importance 34 · Surprise 42 · In source text
Deere is recalling more than 275 workers to its Waterloo, Iowa, facility and plans to hire more than 400 additional people across factories in Iowa, Illinois, and Kansas. The reports say the staffing changes are intended to meet customer needs and prepare for future labor negotiations. Deere’s current collective bargaining agreement with the UAW expires in fall 2027, while approximately 125 employees in the Des Moines area remain on layoff.
Key facts
- Deere plans to recall over 335 laid-off workers: 275 to its Waterloo plant and 60 to its Quad Cities facility. source
- Deere announced plans to hire over 400 people and call back more than 275 workers to its Waterloo, Iowa, operations. source
- Deere planned to recall over 275 employees to its Waterloo, Iowa facility and hire more than 400 additional people across its factories. source
- Deere slated increased staffing at facilities across Illinois, Iowa, and Kansas. source
- Deere's current collective bargaining agreement with the UAW expires in fall 2027. source
- Deere appointed Julie Boland to its board, increasing its size from 10 to 11 members. source
- Deere appointed Julie Boland to its board, expanding it from 10 to 11 members. source
- Deere announced Julie Boland's appointment to its board on Nov. 2, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | probable | — | Deere plans to recall over 335 laid-off workers: 275 to its Waterloo plant and 60 to its Quad Cities facility. |
| operating_income | negative | probable | — | Deere announced plans to hire over 400 people and call back more than 275 workers to its Waterloo, Iowa, operations. |