Harley-Davidson Layoffs Job Cut: fires 1100 employees: Finance Trading Times

Harley-Davidson Layoffs Job Cut: fires 1100 employees

The news is not good for the employees of Harley-Davidson Corp, the firm in the business of motorcycles. The recession is taking a toll on all sectors. The latest additon to the list of companies going for layoffs is the Harley-Davidson. No one seems to be shielded from the effect of recession. It the Harley-Davidson Company, which have decided to go for the layoff. Harley-Davidson Layoffs

How many employees will be fired in the Harley-Davidson layoffs?
There could be around 1100 job cuts by the company. That constitutes 12% of the total Harley-Davidson workforce.

Will there be any plant or facility closure by Harley-Davidson?
Yes. Several plants will be closed by the company.

When will the Harley-Davidson layoffs happen?
It is reported that the layoffs will take place over next 2 years.

What is the total number of employee strength for Harley-Davidson ?
No information is available about the total no. of employees at Harley-Davidson.

Which location will be affected by the layoffs?
Several plants and facilities will be closed. But no concrete information or details are available.

What is the primary reasons for Harley-Davidson layoffs?
Declining demand, no fresight of economic revival is the main reason quoted by the company for layoffs.

Any previous layoffs by the company?
Yes. This was Harley's second round of job cuts in the last nine months. In April, the company said it was laying off over 700 workers in response to a slump

How much savings is expected due to layoffs by Harley-Davidson?
No concrete details are available but it is learnt that company is going for all cost cutting measures.

Any other news about Harley-Davidson layoffs
Worldwide retail sales of Harley motorcycles fell 13.1 percent during the quarter, pulled down by a 19.6 percent drop in the U.S. But sales also fell in once-robust overseas markets, including Latin America, which saw a 28 percent decrease.
Let's hope that alternative jobs are available to the affected employees of Harley-Davidson Layoffs Job Cut
Have Comments or Questions? Please post them as comments using "Post our Comments" link below. Your queries will be responded for free in 24 hrs!

0 Comments: Post your Comments

Wish you all happy and fruitful trading and investing activities with safety! = = = Post a Comment

Copyright Information:
© Finance-Trading-Times.com
Please see Our Copy Right Policy. All the articles, posts and other materials on this website/blog are copyrighted to the owners of this portal. The content should NOT to be reproduced on any other website or through other medium, without the author's AND owners' permission. Contact: contactus(AT)finance-trading-times.com

DISCLAIMER: Before using this site, you agree to the Disclaimer. For Any questions or comments, please mail contactus(AT)finance-trading-times.com.

About UsAdvertise with UsCopyRight Policy & Fair Use GuidePrivacy PolicyDisclaimer