Article originally appeared on www.westernjournal.com.
One of the most recognizable names in U.S. manufacturing has succumbed to one of history’s oldest diseases.
Unfortunately, the diagnosis appears easier than the remedy.
According to The Guardian, the American agricultural equipment manufacturer John Deere — with its signature tractors painted a brighter green than the color of money — has rewarded executives and shareholders with $10 billion in profit while slashing hundreds of jobs as part of a plan to move production to Mexico.
A veteran John Deere worker at the Harvester Works plant in East Moline, Illinois, who spoke anonymously, attributed the company’s decisions to old-fashioned avarice.
“We get wind of more layoffs daily, it seems, and it’s causing uncertainty all over,” the employee said. “The only reason for Deere to do this is greed.”
For fiscal year 2023, John Deere used its $10 billion profit to provide massive compensation for company bigwigs. A total of $26.7 million went …
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