| Harley to cut 730 workers
By BRENT BURKEY
Daily Record/Sunday News
Article Last Updated: 04/17/2008 09:27:20 AM EDT
Harley-Davidson is reducing its workforce by about 370 unionized employees and about 360 non-production employees, the company said this morning.
The company blamed a downturn in the U.S. economy, particularly a 12.8 percent drop in the sale of new motorcycles in the United States in the first quarter of 2008..
Harley-Davidson Chief Executive Officer Jim Ziemer said the company is one of many fighting tough economic conditions.
Ziemer said the company is lowering most expectations for 2008.
"There is no sign about when things will turn around," Ziemer said. The company did not say where and when it would cut the more than 700 jobs.
Officials said managers and union officials were working out the details.
The company expects to ship between 23,000 and 27,000 fewer motorcycles in 2008 compared to 2007, or between 303,500 and 307,500 motorcycles.. |