The boat manufacturing facility is one of the county's largest employers.
Sea Ray Boats has laid off 90 people and furloughed another 130 in a move to "align production levels with market demand," a representative of the company wrote in an email July 27.
The reduction occurred at Brunswick Corporation's production plant in Flagler County, located at 100 Sea Ray Drive.
No other Brunswick facilities have been affected, according to Dan Kubera, Brunswick's director of media relations.
The temporary furlough will take place in the company's third quarter.
"Consistent with our values, we take good care of our people and will continue to develop our employees and support those impacted by these adjustments," Kubera wrote in an email to the Palm Coast Observer. "For example, we will be conducting an outplacement fair to help these individuals transition to other employment. As for those on furlough, the company is offering a number of measures to help soften the impact upon those individuals."
Sea Ray has cycled through large-scale hirings and layoffs over the years. It laid off 165 people over the course of 2011 and 2012, then announced in 2014 that it would be hiring 160.