BRP temporarily lays off office workers following global production halt [Toronto Globe and Mail (Ontario, Canada)]
BRP Inc. - Common Subordinate Voting Shares (DOOO)
Company Research
Source: Toronto Globe and Mail
BRP temporarily lays off office workers following global production halt The maker of Ski-Doo snowmobiles and Sea-Doo watercraft says “some employees” will be laid off or furloughed. Christinne Muschi/The Globe and Mail The maker of Ski-Doo snowmobiles and Sea-Doo watercraft says “some employees” will be laid off or furloughed. BRP Inc. announced Wednesday it would temporarily lay off office workers as part of cost reduction measures prompted by the COVID-19 pandemic. The maker of Ski-Doo snowmobiles and Sea-Doo watercraft said “some employees” will be laid off or furloughed, while others will work reduced hours or fall subject to permanent layoffs. The move comes amid a new hiring freeze and after the company suspended all production lines and temporarily laid off the majority of its assembly line workers at its 10 plants across the globe. CEO Jose Boisjoli said the decision aims to protect employees – 13,500 were employed as of the end of January – and ensure the company’s long-t
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DOOO
Sec Filings
- 11/12/24 - Form SC
- 10/17/24 - Form 6-K
- 10/9/24 - Form 6-K
- DOOO's page on the SEC website