HOLLAND, Mich. — Tiara Yachts will lay off 300 of its 400 employees for at least a month, according to a report from Michigan's Grand Rapids Press.
These layoffs are not the same as the permanent cuts that were made last year, and Tiara hopes to be able to call all of the employees back, the newspaper reported.
"It's the economy that is largely to blame," Director of Marketing Dave Walsh told the paper. "We need 30 days to allow sales activity to catch up with production. We hope that it will."
Tiara will retain office workers for customer support and some production workers to complete parts already under way, the newspaper reported.
- For more of the latest news, click here.