January 23, 2009

Snowmobile maker Polaris cuts 460 jobs

Filed under: Manufacturing,US — 7macaw @ 8:43 am
Tags: ,

Polaris Industries Inc (PII.N), a U.S. maker of all-terrain vehicles, snowmobiles and motorcycles, said it is cutting 460 jobs in response to weakening retail demand in a difficult 2009 economic outlook.

The job cuts include about 160 salaried and hourly full-time positions, or about 5 percent of the company’s employee base. The rest are contractors and part-time posts.

Source: Reuters

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