Last week, Brunswick announced a reduction in force as well as a furlough to its employees at the company’s Palm Coast boat production facility in Florida. No other Brunswick facilities are affected.
“These actions were to align our production levels with market demand in the 40’- 49’ segment of our business, while continuing to maintain our production capabilities in stronger segments of the business,” said Daniel Kubera in a statement to Boating Industry.
Approximately 90 positions were affected by the reduction, while approximately 130 positions will be part of a temporary furlough to be conducted during the third quarter.
“Consistent with our values, we take good care of our people and will continue to develop our employees and support those impacted by these adjustments,” said Kubera. “For example, we conducted an outplacement fair to help these individuals transition to other employment. As for those on furlough, the company is offering a number of measures to help soften the impact upon those individuals.”
The news follows Brunswick’s second-quarter earnings report, where the company announced 12 percent growth in boat sales and 6 percent growth in engine sales.