AEI Observations: February 2024

Layoffs Hit Hutson Inc. 

Industry sources report that Hutson Inc., a John Deere dealer with 32 stores in Kentucky, Tennessee, Indiana and Michigan, recently laid off over 60 employees, about 7.5% of its staff. 

One industry source said, “I don’t think it is tied to the economy, but more to management changing structure and the influence from their owners and New York City analytical group about inventory, cash, etc.” 

On rumors of layoffs from another…

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