More than 400 workers at New Holland’s manufacturing plant in Saskatoon will soon be out of work.
New Holland’s parent company, CNH Industrial, confirmed this week that 413 workers — more than half of the plant’s current workforce — will be laid off beginning in May.
Most of the layoffs will be temporary, CNH said in a statement from its headquarters in Burr Ridge, Illinois.
Nearly 340 of the laid off workers are expected to return to the job in August, but another 75 will lose their jobs permanently.
The company said the layoffs were in response to “economic conditions.”
New Holland Saskatoon is Canada’s largest farm implement manufacturer.
The plant produces more than 10 different farm implements used for seeding, tillage and harvesting. Brand names produced at the plant include New Holland, Case-IH and Flexi-Coil.
Affected workers were informed of the layoffs yesterday.
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