UAW Rejects Deere's Proposal Amid Outsourcing and Financial Concerns

In a notable decision today, members of the United Auto Workers (UAW) employed at John Deere voted against the proposition to prolong their current collective bargaining agreement until 2029.

UAW President Shawn Fain commented on the situation, stating, “While John Deere continues to outsource jobs, 1,600 workers are still laid off. Our members rejected Deere’s offer to extend their contract because they know their worth and what they deserve. The company failed to make an offer that addressed the issues weighing on the minds of our members, especially job security. We’ll see Deere at the table in 2027.”

Deere's financial performance has been robust, a fact that has fueled the workers’ determination to seek a more favorable contract.

In 2025, Deere reported profits nearing $5 billion and has projected earnings between $4.5 billion and $5 billion for the current year. The previous year, the company allocated $1.1 billion for stock buybacks and distributed $1.7 billion in dividends to its shareholders. Additionally, a reserve of $7.9 billion is earmarked for future stock repurchases. CEO John May received a total compensation of $27.9 million in 2025.

Highlighting the disparities in financial allocations, UAW Vice President Laura Dickerson, Agricultural Implement Department Director, remarked, “Our members see billions going to shareholders through dividends and stock buybacks, while the workers whose skill and labor make those profits possible are asked to accept less. Our members know their value and said NO to their offer.”