Location: Thief River Falls & St. Cloud, Minnesota, USA.
Department affected: Powersports Unit.
Based on news reporting.
Textron Inc. has announced plans to shut down its powersports unit, which will significantly impact its workforce. While the exact number of employees affected has not been disclosed, the decision reflects the company's strategic shift in operations. The closure is part of a broader restructuring effort aimed at optimizing business performance. Further details regarding the timeline and specific employee impacts are yet to be determined.
LayoffTalk has tracked 7 layoff events at Textron Inc. since April 2023, affecting a combined 985 employees.
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Estimated figure based on news reporting. Not yet confirmed by Textron Inc..
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