Brunswick to cut up to 4000 jobs

[Chris]

A new article indicates that Brunswick will continue to make deep cuts which may cause the loss of up to 4000 jobs.

The restructuring plan will also include the elimination of four Brunswicks brands.

Link to article below. :(

http://www.boating-industry.com/output.cfm?id=1676683

-Chris

[Cooperider]

All this is starting to make me want to take a second look at their motors. Because if they run Mercury like they do these boat companies. Thats just asking for trouble.

[Chris]

Yeah, their motors have always been stout - their hull divisions however.... :rolleyes:

[creeljd]

Are you considering the supply/demand oil issues currently affecting the market, not to mention Hubbard's Peak theory? It's a hard reality to face but all boaters should be prepared to acknowledge the impact of energy prices on the boating market. Brunswick is a business just like any other, they have to be able to react quickly to the market or fail. I don't want to see them or any other boating manufacturer fail and so I not only accept their position, I expected it.

[Chris]

Are you considering the supply/demand oil issues currently affecting the market, not to mention Hubbard's Peak theory? It's a hard reality to face but all boaters should be prepared to acknowledge the impact of energy prices on the boating market. Brunswick is a business just like any other, they have to be able to react quickly to the market or fail. I don't want to see them or any other boating manufacturer fail and so I not only accept their position, I expected it.creel, did you read the other thread about Brunswick?

They were de-listed from the S&P 500 and their credit rating has been downgraded. They have fallen on tough times no doubt.

-Chris