Arctic Cat to cut 60 jobs in state
MINNEAPOLIS (AP) -- Arctic Cat says it plans to cut another 60 jobs in Minnesota, its second round of layoffs this year.
The maker of all-terrain vehicles and snowmobiles lost $16.7 million in the fiscal fourth quarter. The company sees another slow year ahead.
Arctic Cat CEO Chris Twomey says the company is "focused on re-scaling the business."
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