#economicdownturn

Posts mentioning hashtag #economicdownturn

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John Deere announces further job cuts

  • John Deere is laying off 141 employees at its Waterloo and Ankeny plants due to decreased demand for agricultural equipment.
  • These layoffs are in addition to previous workforce reductions in Waterloo and Illinois announced in August.
  • The company has laid off about 2,200 employees in Iowa since April 2024 amid a struggling farm economy.

https://www.desmoinesregister.com/story/news/local/2025/09/17/john-deere-layoffs-ankeny-waterloo/86203753007/


It’s not just this company

Keep an eye on the waning demand for Labor generally and be prepared eg with resumes and maybe even retraining.

Bloomberg today:

It’s only the third day of a much-feared month of September and sobering US economic news is already piling up.

Yesterday it was six straight months of shrinking manufacturing. Today it’s job openings falling in July to the lowest in 10 months, adding to other employment data (including a report last month that caused Donald Trump to fire the head of the Bureau of Labor Statistics) showing America’s once-robust post-pandemic jobs landscape continues to darken.

Even worse, the sectors most responsible for the new numbers aren’t cyclical and had been recent drivers of growth. Available positions decreased to 7.18 million from a downwardly revised 7.36 million in June, according to data published Wednesday by the BLS, a division of the US Department of Labor. The median estimate in a Bloomberg survey of economists called for 7.38 million openings.


Quiet Cracking - its a real thing

https://news.yahoo.com/finance/news/quiet-cracking-dangerous-trend-affecting-133300885.html
quiet cracking refers to those who “gradually become mired in feeling both unappreciated by managers and closed off from career advancement while doing work they otherwise like

Economic uncertainty

Workload and job expectations

Poor leadership or uncertain company direction

Layoffs or restructuring

Lack of career advancement opportunities