The program includes a planned closure of two factories and five distribution centers, as well as adaptation of resources within manufacturing, delivery, and support functions. Approximately 500 employees are expected to be affected by the program, writes Dometic in a press release.
CEO Juan Vargues refers to the macroeconomic situation and market conditions, including higher interest rates, lower consumption, and new purchasing patterns.
Dometic, which sells everything from camping stoves to portable wine coolers, already warned in its third-quarter report that it planned "measures".
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