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Sunday, October 6, 2024

John Deere announces layoffs amid calls for better business environment

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State Representative Wayne Rosenthal (IL) | Representative Wayne A Rosenthal (R) 108th District

State Representative Wayne Rosenthal (IL) | Representative Wayne A Rosenthal (R) 108th District

John Deere has announced mass layoffs in Illinois and Iowa, signaling significant changes for the company's operations. The move is expected to impact numerous employees and their families in these states.

The announcement has prompted calls for Illinois to enhance its business environment. "We have to make Illinois a more business-friendly state in order to stay competitive and grow opportunities for our residents," a spokesperson stated. "We can’t afford to drive more job creators away."

Further details on the layoffs can be found in an article titled "John Deere announces mass layoffs in Illinois, Iowa as company moves to Mexico" on MyStateline's WTVO News website.

Additionally, there are ongoing efforts to address the state's estate tax, which has long affected family farms. Advocates argue that the tax forces many families to sell their farms to pay inheritance taxes. A petition campaign is underway to eliminate this tax, with proponents emphasizing the need to protect family-owned farms from being sold off to large corporate or foreign interests.

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