John Deere Dismissing 15% of Global Salaried Workforce Today | AgWeb:

Online sources say the layoffs cut across a wide swath of John Deere global corporate and administrative divisions and in total could affect 4,500 to 6,000 employees once complete.

Another large American company is on the edge of bankruptcy. I feel bad for their senior management, too, who must be devastated at their utter failure to lead it to success.

Either that, or they’re psychopaths who are crushing their workers to make an extra buck. I choose to give them the benefit of the doubt and assume they’re just bad at business.