Local USW 11228 Union President Brian Lansaw said AGCO has announced the layoff of 80 to 100 shop-floor employees. According to Lansaw the layoffs will be phased in, beginning next week and continuing for a month to a month-and-a-half.
Remaining employees will be working on a reduced schedule.
In addition to shop-floor employees, Lansaw said he was informed by AGCO management that management-side employees will be cut by six percent. Lansaw said, "We aren't quite sure what that is going to look like at this time."
Lansaw said AGCO attributed the layoffs to a soft market, international turmoil and drought.