Winnebago Industries is moving forward with another round of layoffs, impacting 121 employees across its Charles City and Waverly locations in Iowa.
According to a news article by Des Moines Register, the RV manufacturer will lay off 77 workers at its Waverly Production Facility and 18 at its Charles City Campus, effective September 8.
Another 26 employees from the Charles City Campus will be laid off on December 22, according to notices filed with Iowa’s Worker Adjustment and Retraining Notification (WARN) system.
This marks the latest in a series of workforce reductions for Winnebago. On June 13, the company laid off 196 workers at facilities in Forest City, Lake Mills, Charles City, and Waverly.
Last year, it eliminated 33 jobs when it shuttered another facility in Charles City in July and cut 36 workers from its Forest City plant in November.
Founded in Iowa and now headquartered in suburban Minneapolis, Winnebago did not provide a specific reason for the newest cuts.
However, in June, the company attributed previous layoffs to “cyclical shifts in the RV industry, including decreased customer demand, elevated inventory levels, and other business considerations.”
The closure of the Charles City plant signals Winnebago’s complete withdrawal from the community after more than 25 years.
The Charles City Press reported that Winnebago had once employed over 600 workers in the area during the early 2000s.
While the company’s stock saw a slight uptick of 91 cents to $33.37 as of midday on June 10, it remains significantly below its 52-week high of $65.65 reached in late 2024.
These layoffs highlight the mounting pressure on the RV industry amid fluctuating market demand.
As a key player in the sector, Winnebago’s downsizing reflects broader economic challenges, including overstocked inventories and declining consumer interest.