(Ankeny, Iowa) —A major agriculture equipment manufacturer says it will lay off more than 100 workers due to reduced demand and a weakened farm economy. KCCI reports John Deere says it informed 119 employees at John Deere Des Moines Works in Ankeny that they will be let go as part of three groups of layoffs. The company provided a statement to KCCI, saying customer orders are down and forecasts from the United States Department of Agriculture indicate a decrease in major row-crop cash receipts from 2024.

John Deere says it employs nearly 1,500 workers at the impacted location. This is not the only recent round of layoffs by the company. Nearly 600 workers were let go last year at three midwest factories, including two in Iowa that laid off more than 300 employees. In total, Deere has cut more than 4,500 jobs in the last decade.