Harley to cut 730 jobs

[OhioChick]

Posted: April 17, 2008

Retrenchment is company's most drastic since the 1980s, CEO says

Caught in a troubled U.S. economy that is hurting motorcycle sales, Harley-Davidson Inc. said Thursday that it will cut 730 jobs, including hundreds at its Milwaukee headquarters and Wisconsin factories.

Most of the job cuts, described as permanent, will take place over the next three months. They will include 370 production positions, mostly in York, Pa., and 360 non-production positions, primarily in Milwaukee.

The reductions will be accompanied by temporary plant shutdowns, possibly including a two-week closure in late June. Assembly line production also will be slowed, reducing the need for some plant workers.

The cuts are the deepest that Harley has made since at least the 1980s, chief executive Jim Ziemer said in an interview and a conference call with analysts.

http://www.jsonline.com/story/index.aspx?id=740901

[Oleladylib]

1. YES

[OhioChick]

2. ????

[Submariner]

3. Another canary in the coal mine sending a signal to our crooked

leaders in DC.

[DainBramaged]

4. The economy is in TROUBLE when Harley is in trouble