Deere to Eliminate 1,250 U.S. Salaried Positions Moline, Illinois: Deere & Co. plans to eliminate 1,250 jobs, or 8 percent of its U.S. salaried workforce, as demand for construction and lawn equipment dwindles. The company plans to take a $140 million charge in its fourth quarter ending in October to cover severance and other costs. It's offering early retirement to 2,500 workers, with the goal that half will accept. Deere, which employs 43,700, expects the action to save $90 million a year. Deere's customers are buying fewer excavators and loaders as the U.S. economy's expansion slows. The company has blamed weather for hurting sales of lawn-care equipment in two of the past three quarters. Deere, the biggest maker of tractors, has tried to counter slower sales in the past several years by adding products, upgrading order processes and improving manufacturing. ``What you're seeing is a reflection of how difficult economic conditions are for the manufacturing economy,'' said John Inch, an analyst at Bear Stearns, which rates Deere ``neutral.'' Sales of construction and lawn equipment has ``only just started to come under pressure,'' he said.