Trek Bicycle Corp Cuts Staff
During February, Trek Bicycles instituted temporary furloughs for many of its production workers, rotating them one week on (paid), one week off (unpaid). Ã‚Â Some remain on the furlough program, and according to Trek’s HR manager Jeff McFarlane, they’ve cut the overall workforce by up to 5% since January 1st.
Trek has 1,100 employees at its Waterloo, WI, headquarters and assembly plant. Ã‚Â On a brighter note, we reviewed their new Top Fuel full suspension mountain bike and really liked it!