Gary RV_Wizard
Site Team
According to RV Business magazine, Newmar Corp. has instituted its second round of layoffs this year in response to a depressed retail market.
?We?re laying off some people trying to right size our work force according to the available business,? says Dick Parks, Newmar CEO and chairman. ?Right now we?re in the process of making plans for the future based on what the market dictates.?
In February, Newmar laid off around 13% of its 905 workers. Parks did not specify a number but confirmed that the latest cut would impact around 40% of the company?s current employees.
The just announced May shipment report from the Recreation Vehicle Industry Association (RVIA) showed a staggering 58.6% drop in May Class A deliveries from a year go. The Class A sector was down 39.5% for the first five months. Fifth-wheel shipments fell 15.5% for the month and declined 10% year-to-date.
?We?re laying off some people trying to right size our work force according to the available business,? says Dick Parks, Newmar CEO and chairman. ?Right now we?re in the process of making plans for the future based on what the market dictates.?
In February, Newmar laid off around 13% of its 905 workers. Parks did not specify a number but confirmed that the latest cut would impact around 40% of the company?s current employees.
The just announced May shipment report from the Recreation Vehicle Industry Association (RVIA) showed a staggering 58.6% drop in May Class A deliveries from a year go. The Class A sector was down 39.5% for the first five months. Fifth-wheel shipments fell 15.5% for the month and declined 10% year-to-date.
