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This article comes from AsphaltandRubber.com
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With its second quarter sales dropping 35%, Harley-Davidson is going to be trimming its ranks in order to stay afloat. The Milwaukee based company will inject 700 hourly-wage workers, and 300 salaried workers into the ranks of the unemployed, with possibly more joining them in the future. These reductions come after Harley-Davidson earlier this year announced it was eliminating 1,400-1,500 hourly production positions in 2009-2010 along with 300 salary positions.
Harley’s CEO, Keith Wandell, commented simply in a press release that,*"We are committed to doing what is required to enable Harley-Davidson to operate as a competitive business and employer over the long haul." Wandell is certainly getting put through his paces as the new CEO of the crusier brand.*Harley's worldwide motorcycle sales fell by 30% compared to Q2 of 2008.
Harley is quick to point out though that the cruiser market is down 48% since last quarter, implying that the American company has faired better than its competitors. Which is a lot like saying not to worry, you’re in the first-class cabin of a plane that’s falling out of the sky, not back in a coach seat.
So far, we have yet to see Wandell capitalize on his crack-in-time as a Harley’s first CEO from outside of the company. Unfortunately, it would appear things are still business as usual in Milwaukee.
Visit Asphalt & Rubber for more articles like this one
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This article comes from AsphaltandRubber.com
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With its second quarter sales dropping 35%, Harley-Davidson is going to be trimming its ranks in order to stay afloat. The Milwaukee based company will inject 700 hourly-wage workers, and 300 salaried workers into the ranks of the unemployed, with possibly more joining them in the future. These reductions come after Harley-Davidson earlier this year announced it was eliminating 1,400-1,500 hourly production positions in 2009-2010 along with 300 salary positions.
Harley’s CEO, Keith Wandell, commented simply in a press release that,*"We are committed to doing what is required to enable Harley-Davidson to operate as a competitive business and employer over the long haul." Wandell is certainly getting put through his paces as the new CEO of the crusier brand.*Harley's worldwide motorcycle sales fell by 30% compared to Q2 of 2008.
Harley is quick to point out though that the cruiser market is down 48% since last quarter, implying that the American company has faired better than its competitors. Which is a lot like saying not to worry, you’re in the first-class cabin of a plane that’s falling out of the sky, not back in a coach seat.
So far, we have yet to see Wandell capitalize on his crack-in-time as a Harley’s first CEO from outside of the company. Unfortunately, it would appear things are still business as usual in Milwaukee.
Visit Asphalt & Rubber for more articles like this one
