Laid off from AGCO.

AGCO's Hesston, Kansas plant lost jobs in steps in 2009 and in 2014, and after the 2009 cuts it recalled some workers. Weakening farm demand brought a company-wide response in 2024, a restructuring that set out to shrink the salaried workforce and change how certain corporate and back-office functions run.

What we know about AGCO severance and layoffs

  • About 22,000 employees worldwide, about 4,000 in the U.S., in AGCO's 2025 annual report
  • $150 million to $200 million forecast for termination benefits in 2024's first restructuring phase
  • $157.8 million in severance-related restructuring provisions booked in 2024
  • $45.3 million left in severance-related restructuring reserves at June 30, 2026
  • 16 WARN filings under AGCO's names in our tracker, dated 2003 to 2025
  • 13 Kansas WARN filings under AGCO's names, 2009 to 2016, listing 478 jobs

The most recent AGCO layoff we've found

AGCO's newest restructuring came on October 5, 2026, when it cut its executive leadership team by one member, its October 2026 8-K said, with Torsten Dehner leaving his post over Fendt/Valtra and product management while staying on in Switzerland for the transition.

What AGCO layoffs have meant for employees

In its Kansas and Minnesota layoffs, AGCO's explanation has been demand for its machines. In 2009 a softening market had forced it to keep evaluating production and its workforce to stay in line with supply and demand, a company release relayed by Farm Equipment said. In 2014 it blamed the farm economy's cycles in a statement Kansas Public Radio carried, while the Jackson plant's operations director pointed to falling corn and soybean prices in a Farm Equipment report. In 2024 AGCO told KSN it was aligning its workforce and production schedules with current demand after three strong years. If you build equipment at Hesston, Beloit or Jackson, those are the reasons AGCO gave in each of those layoffs, in nearly the same words in 2009 and 2024.

Hesston, where AGCO was Harvey County's largest employer with about 1,500 people in 2009, has seen its cuts come in stages. In 2009 and in 2014, a first layoff there was followed within two months by a larger one, so getting through an early round didn't settle where a downturn's cuts would end. The plant has called people back, too. By June 2010, after its recession layoffs and with markets abroad growing, Hesston was running overtime and had recalled 30 to 40 workers since January, director of operations Bill Kaltenberg said in a Rural Lifestyle Dealer report, about six months after the larger July 2009 cut. That one recall after one downturn is no forecast for the indefinite layoff AGCO announced at Hesston in October 2024.

The 2024 restructuring put its job target on AGCO's salaried workforce as a whole. Its first phase also set out to change the operating model for certain corporate and back-office functions, leaning more on technology and on what AGCO calls global centers of excellence, its June 2024 8-K said, and the company expected it to save $100 million to $125 million a year once fully implemented. Potential position eliminations are subject to legal requirements that vary by jurisdiction, the same filing said, and later phases could bring charges AGCO couldn't yet size. AGCO had incurred a substantial portion of the charges by the end of 2025, as its 2025 10-K puts it, yet its June 30, 2026 quarterly report logs fresh severance-related provisions in each of 2026's first two quarters. If your job is salaried, whether at the Duluth headquarters, at an office such as Tremont, Illinois or at a plant, those filings describe a program still adding severance costs in 2026.

When AGCO closed DeKalb in 2003, according to its 2003 10-K, the work moved to Jackson and some DeKalb employees relocated with it. If a closing ever ties your severance to staying until a scheduled date, as AGCO's DeKalb terms did, a job you're weighing that starts sooner is where that condition would bite, and it's worth knowing both dates when you weigh it.

AGCO's 2025 annual report lists its principal US plants at Beloit and Hesston in Kansas and at Jackson in Minnesota, with headquarters in Duluth, Georgia and an office in Tremont and a parts facility in Batavia, both in Illinois. For anyone claiming benefits where those sites are, there's more on Kansas unemployment benefits, Minnesota unemployment benefits, Georgia unemployment benefits and Illinois unemployment benefits. AGCO's own WARN filings in our WARN tracker carry the names AGCO, Agco, AGCO Corporation, AGCO CORP and a misspelled AGCO Croporation, which helps when you're looking for one that covered your site.

A sourced history of AGCO layoffs

  • February 2025, Norcross, Georgia worksite closing

    AGCO planned to close a Norcross worksite for good, with all three of its employees affected and separations expected February 1 and March 8, 2025, its notice in Georgia's WARN record shows.

  • October 2024, Hesston plant indefinite layoff

    AGCO announced an indefinite layoff affecting fewer than 70 people at its Hesston, Kansas plant, part of what it told KSN were steps to reduce costs.

  • June 2024, restructuring with a salaried workforce target

    AGCO announced a restructuring, citing weakening demand in agriculture, and expected the first phase to cut its salaried workforce by up to about 6% net from the end of 2023, its June 2024 8-K said.

  • November 2014, Jackson, Minnesota campus cuts

    AGCO Jackson Operations cut 43 employees campus-wide after earlier shift changes and a smaller temporary workforce, a Farm Equipment report said, and operations director Eric Fisher put that at under 4% of 1,100 workers.

  • September 2014, Hesston and Beloit, Kansas plant layoffs

    AGCO laid off 72 at Hesston that week, a second phase after 24 jobs went in August, and set its Beloit plant to lose 39 hourly jobs, a company statement carried by Kansas Public Radio said.

  • July 2009, Hesston hourly layoffs

    AGCO informed 154 hourly Hesston employees of a layoff and announced shorter work weeks, according to a company release Farm Equipment reported, after laying off 60 full-time production workers in early June.

  • March 2003, DeKalb, Illinois track tractor plant closing

    AGCO announced it would close its Challenger track tractor plant in DeKalb and move production to Jackson, Minnesota, and its 2003 10-K ties severance costs to 134 employees terminated after DeKalb's production stopped in May.

What to do if you're laid off from AGCO

AGCO layoff and severance questions

What severance has AGCO given laid-off employees?

Under the terms AGCO's 2003 10-K describes for its DeKalb, Illinois closing that year, employees were entitled to severance only if they stayed through their scheduled termination dates, and retention payments went to people who stayed until set dates. For its 2024 restructuring, AGCO's June 2024 8-K estimated $150 million to $200 million in one-time termination benefits, mostly cash for severance and benefits.

How many people did AGCO lay off in 2024?

AGCO set the first phase of its 2024 restructuring at a net cut of up to about 6% of salaried staff, measured against the end of 2023 in a June 2024 8-K. Its 2025 10-K reports company-wide restructuring provisions for severance and related costs of $157.8 million for 2024, a dollar total rather than a count of people. That October, AGCO told KSN that an indefinite layoff at its Hesston plant affected fewer than 70 people.

Is AGCO laying off workers in 2026?

AGCO's second-quarter 2026 10-Q books $7.5 million and $9.8 million of new provisions for severance and related costs in 2026's first two quarters, and its October 2026 8-K shrank the executive team by one seat while Torsten Dehner stayed on to support the transition. The 10-Q gives no count of positions eliminated in 2026, and no WARN filing under AGCO's names in our WARN tracker is dated 2026, though our Kansas records end May 1, 2026 and our Minnesota records end in 2024.

Does AGCO still own GSI?

Not since November 1, 2024, when AGCO completed the sale of its Grain & Protein business, which includes the GSI, AP, Cumberland, Cimbria and Tecno brands, to A-AG Holdco Limited, an affiliate of American Industrial Partners, its 2025 10-K shows. The price was $700 million before adjustments, under an agreement signed July 25, 2024.

How many WARN notices has AGCO filed?

AGCO's names appear on 16 WARN filings in our WARN tracker, 13 of them Kansas notices from 2009 through 2016. The rest are a March 2003 closure filing for DeKalb, Illinois and two for a Norcross, Georgia worksite whose three employees were all on its closing notice in Georgia's WARN record.