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NEWS : Harley-Davidson to Cut Jobs, Ship Fewer Motorcycles

From Miles and Smiles
Posted on Fri Apr 18 19:59:18 PDT 2008

NEWS : Harley-Davidson to Cut Jobs, Ship Fewer MotorcyclesDate Created: Apr 18, 2008, 09:57 PM Harley-Davidson to Cut Jobs, Ship Fewer Motorcycles Harley-Davidson Inc. on Thursday said that it will cut motorcycle production and slash about 730 jobs as the sluggish U.S. economy slows demand for its iconic motorcycles. The Milwaukee-based motorcycle manufacturer also reported that it expects full-year per-share earnings to drop as much as 20 percent. First-quarter net income for Harley-Davidson (NYSE: HOG) slid 2.5 percent to $187.6 million compared with $192.3 million for the same period a year ago. Earnings
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