Layoff Totals for US Companies Message Board

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From: peppe51	1/23/2009 8:43:53 AM
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1100...Harley-Davidson Inc (NYSE:HOG - News) said it would close plants and cut 1,100 jobs as a global pullback in consumer spending pushed the motorcycle maker's quarterly earnings down more than Wall Street had expected. The company also reported an operating loss at its in-house finance unit as a result of continuing dysfunction in the credit markets as well as growing delinquencies among borrowers. Harley said it was taking several actions to cut costs, including plant closures that would result in the elimination of 1,100 jobs. That would be about 12 percent of Harley's total workforce, according to its most recent annual report. biz.yahoo.com

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