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

January 23, 2009

Harley-Davidson to cut 1,100 jobs

Filed under: Manufacturing,transportation,US — 7macaw @ 8:33 am
Tags: ,

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

Blog at