Top US motorcycle maker Harley-Davidson said Friday it would slash 1,100 jobs and production capacity as profits tumbled following reduced sales amid a deepening recession.
The Milwaukee, Wisconsin-based company suffered a 58 percent reduction in profit to 77.8 million dollars for the final quarter of 2008 from the same period a year earlier. Worldwide retail sales of the iconic motorcycle maker fell 13.1 percent while domestic sales were down 19.6 percent.
Source: AFP
LayoffBlog.com 
one worthless company
way to much debt for it’s size…
bye bye Birdie
Comment by UPTHECREEK — January 23, 2009 @ 10:12 am |
#1: ..because lots of Harley’s customers are currently doing their time
Comment by pinkHummer — January 23, 2009 @ 3:35 pm |