selloffs, layoffs, and outsourcing - IT Analyst John Deere Employee Review

The company has a history of purchasing companies like John Deere Wind, John Deere Water, and John Deere Credit and then selling them off (including employees) when they don't pan out. After announcing large expansion at John Deere Waterloo and accepting millions of dollars in tax credits the company turns around three months later and lays off 400 people at the same facility and hundreds more at others. Management has an active policy to hire people from India and is in the process of transistioning key knowledge to those teams in an attempt to save money.