---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-008911"
form_type: "8-K"
ticker: "DE"
cik: "0000315189"
company_name: "DEERE & CO"
filed_at: "2024-06-05T23:59:59+00:00"
generated_at: "2026-06-01T06:22:23.335986+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Deere announces workforce reduction of production and salaried employees in Q3 2024

## Summary
- Plan to reduce production and salaried workforce to meet strategic priorities and reduce overlap/redundancy.
- Workforce reduction expected to occur during the third quarter of fiscal 2024.
- May 16 earnings guidance unchanged; workforce reduction not expected to impact guidance.
- Reduction aims to improve cost structure while maintaining strategic priorities.

## SEC filing metadata
- accession: 0001558370-24-008911
- form_type: 8-K
- ticker: DE
- cik: 0000315189
- company_name: DEERE & CO
- filed_at: 2024-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315189/000155837024008911/0001558370-24-008911-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315189/000155837024008911/de-20240531x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-008911
- JSON: https://secwatch.observer/filing/0001558370-24-008911.json
- Plain text: https://secwatch.observer/filing/0001558370-24-008911.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.