April 16, 2009

Harley-Davidson announces more job cuts

Harley-Davidson plans to cut another 300 to 400 hourly production jobs over the next two years, the company announced Thursday morning when it released first-quarter earnings that show a decrease in revenue and net income.

The cuts are in addition to the 800 production layoffs the company announced last April. The first round of trimming called for the loss of 300 production positions at Harley’s production facility in Springettsbury Township.

Source: Trading Markets

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