Around 800 Deere employees accept voluntary buyouts

07/1/2009 | Wall Street Journal, The · Forbes

More employees accepted Deere & Co.'s voluntary buyout offer than the equipment manufacturer had anticipated. About 800 employees accepted the voluntary separation package, which will cost Deere close to $100 million in pretax expenses but will still save about $75 million in the first year. The company had expected savings of $50 million from the buyout.

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Wall Street Journal, The · Forbes

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