westhinder
Well-known member
Beneteau has announced it will be cutting up to 1390 jobs, one sixth of its workforc, due to the economic downturn caused by the pandemic. It will be closing, selling or putting into hibernation 5 of its 24 manufacturing sites in France, Slovenia and the USA. So far this year sales are down 16 to 18%. Beneteau expects this crisis to be as bad as the 2008-2009 financial crisis. Its boatbuilding activities (12 brands) are worst hit, but its motorhome branch is also suffering.