John Deere as corporate punching bag

[Pope]

No cuts in Ankeny.

There were numerous salaried staff at the Ankeny plant who were laid off yesterday.

 

[charlie_B]

There were numerous salaried staff at the Ankeny plant who were laid off yesterday.

I think that depends on where their group actually sits. This link says no Ankeny employees let go yesterday but 60-some in Johnston.

Visualization: WARN Notifications Issued in Iowa

This page serves as a log of all WARN notifications issued in Iowa, viewed in a data visualization.

workforce.iowa.gov

 

[Gunnerclone]

Small companies can be a crap shoot. Many times it is reliant on what the owner/s pay themselves and/or other family members. You can get an owner who doesn’t pay himself much but has a lot of “extra” benefits or is creating a valuable company that they can sell off as a retirement plan. They get the idea that they can’t make less or similar to others in the place so they lose all relevance to what fair compensation is.
You can see issues with ESOP programs also. You think it’s great but you either get to shafted on the stock when you leave or you get low increases after vesting.

Or for Dahl’s employees you get basically nothing.

 

[Turn2]

There were numerous salaried staff at the Ankeny plant who were laid off yesterday.

Not able to find that, but did find this under the radar announcement:

“We will no longer participate in or support external social or cultural awareness parades, festivals, or events,” the company said in a statement posted on X, formerly Twitter.

In the same statement, John Deere also said that the company would be “auditing all company-mandated training materials and policies to ensure the absence of socially motivated messages” in compliance with federal and local laws as well as “reaffirming within the business that the existence of diversity quotas and pronoun identification have never been and are not company policy.”

The Associated Press reported that John Deere and Tractor Supply made their announcements “after backlash piled up online from conservative activists opposed to diversity, equity and inclusion efforts, sponsorship of LGBTQ+ Pride events and climate advocacy.” The move follows the retailer’s termination of several corporate diversity and [think long-term weather] initiatives.

 

[Pope]

I think that depends on where their group actually sits. This link says no Ankeny employees let go yesterday but 60-some in Johnston.

Visualization: WARN Notifications Issued in Iowa

This page serves as a log of all WARN notifications issued in Iowa, viewed in a data visualization.

workforce.iowa.gov

I think you're correct. I'm pretty sure the Ankeny plant salary employees who were laid off a few days ago actually worked in the JD Financial building in Johnston.

 

[CyCity]

They had 3 separate conference calls and one person I knew who got laid off had over 400 people on his call.

 

[AgronAlum]

Imma gonna be that person:

On-line "resume" - what were you responsibilties in previous jobs (Ran the TPS reports, moved widget from drawer A to shelf B, etc.)
Attached resume - what were your accomplishments in those jobs. And if you basically did the same thing every day, tell 'em why you were the best person at doing said thing (Cut time in moving widgets by moving several at one time, found way to send TPS report directly to management once ran)
Cover letter - filling in the gaps with any of your soft skills

I'm genuinely curious because most applications of mine don't lead anywhere. If that's the intention, then why do most systems attempt (poorly) to prepopulate the fields with info from the attached resume? The worst part is going back and filling out education and work history again because it never populates correctly. Also, hoping you caught everything that prepopulated incorrectly.

 

[FLYINGCYCLONE]

One sector I haven’t seen anyone chime in on is JD Financial. Any insights on how they have fared or how their bottom line is contributing?

Their short term % was 15% last year? Is 24% now. My seed part of the loan is 0% until 12-15-24.

 

[FLYINGCYCLONE]

You're still going to have a hard time beating JD salary and benefits in 2024. Recruiters contact me every week and the only company that I've seen that could match or beat them is Amazon.

Cargill might be in the discussion. A friend mine talked about Gold handcuffs. But I have never worked for Cargill.

 

[FLYINGCYCLONE]

Neither is “there is a lot of hot chicks that work here”.

But if dad owns 5000 acres and has no sons ?

 

[cyputz]

The JD Green stigma has lost it luster.

Becoming more like the Red Green stigma.

 

[crs8975]

When my parents worked for Deere back in the day their benefits were unreal: healthcare paid for, pension, and you could also tap into 401K starting in the 90's. Over the last 30 years Deere has chipped away at their benefits. As I stated before, it's shell of what it use to be.

100% this. I got to watch all that unfold with my father being at the company for 50+ years at this point. Watching those benefits get cut back year after year growing up was super fun and great for the family!

 

[BCClone]

100% this. I got to watch all that unfold with my father being at the company for 50+ years at this point. Watching those benefits get cut back year after year growing up was super fun and great for the family!

50+ years working there? 70 some and still working there is crazy. Get him some hobbies.

 

[CascadeClone]

g

But if dad owns 5000 acres and has no sons ?

I know a guy did just that (not 5000 acres, but a good size farm). He was never a farmer, grew up in town, but married a farmers daughter and now runs the farm. His FIL basically showed him how for a few years before retiring.

Girl is cute too, he hit the jackpot.

 

[crs8975]

50+ years working there? 70 some and still working there is crazy. Get him some hobbies.

Oh we've tried. He retired after he was fed up with management on one his last major engineering projects a couple years after I graduated from ISU. His retirement lasted what... 14 months? Been back on contract since in what he considers a stress free role. I keep thinking he's going to be included in one of these layoffs but alas he just keeps chugging along. Work is his hobby. He loves the company and the people he works with along with what he's doing. Every time I see him I tell him he needs to retire, he says no, and I follow with "Well then, you do you and keep padding that inheritance "

 

[crs8975]

g

I know a guy did just that (not 5000 acres, but a good size farm). He was never a farmer, grew up in town, but married a farmers daughter and now runs the farm. His FIL basically showed him how for a few years before retiring.

Girl is cute too, he hit the jackpot.

I have zero farming experience, but the older I get the more this becomes my overall dream. (farming a sizeable portion of land)

 

[BCClone]

I have zero farming experience, but the older I get the more this becomes my overall dream. (farming a sizeable portion of land)

Let it stay that way. Not a fun time right now.

 

[ISUAgronomist]

I have zero farming experience, but the older I get the more this becomes my overall dream. (farming a sizeable portion of land)

Better marry into it and pray she's an only child with no male cousins.

 

[FarmClone]

I have zero farming experience, but the older I get the more this becomes my overall dream. (farming a sizeable portion of land)

Not a farmer but I work in ag. There are many reasons why people can’t get their kids to stay on the farm.

 

[wxman1]