Winnebago Industries, No. # Motorhome Manufacturer

Winnebago Industries announced that they are cutting back farther. Once having over 3,000+ employees, they now have about 1700. Beginning tomorrow, all their salaried employees will take a 3% salary cut. The Vice Presidents will have their salaries reduced by 10% and the President will have his salary cut 20%. All hourly employees have been told to take one week off without pay and most have opted to take this week over the 4th of July week. With the slowdown in the purchasing of motorhomes, Winnebago is doing everything it can to stay profitable until things pick up again. There have been tough times before and they have weathered the storms to come out on top and I believe they will do that again.