John Deere lays off hundreds of employees, after a $10B profit year
John Deere lays off hundreds of employees, after a $10B profit year
An unexpected company is now laying off hundreds in Illinois by the end of summer due to a decline in market demand for its products.
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I'm one of those guys that's getting laid off đ
Sorry to hear this nobody deserves to be laid off. I hope you have a lot of money stashed away.
Laying off employees should be illegal. Fuck greedy dirty executives and CEOs.
It's actually not that bad because I'm in the UAW. So contractually, Deere still pays me "subpay" for almost a year (way less, but it's something) and I keep my health insurance for 6 months. I also get callback rights for 3 years and I'm one of the first like 50 guys to get called back. I heard from a guy that would get fired for saying so that we'll be back about the first of the year, so I'm just pretending it's a long vacation.
I feel really bad for some of my salaried friends, they have no protections. They don't get subpay, they don't keep their insurance, and they definitely don't get callback rights. Those poor bastards don't even know who's getting canned yet.
Meanwhile Deere spent billions buying back stock and sending our jobs to fuckin Mexico. When we went on strike I said we should open negotiations by rolling the CEO's severed head across the table. Everyone said "God damn Bizzle, you ever consider chilling?" but now look, they think they can do whatever they want. No accountability. Welcome to the "Land of the Free", as long as you're fabulously wealthy.
Well hopefully people will buy from a different brand.