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This article comes from AsphaltandRubber.com
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Kawasaki, not be left out of the metric manufacturer meltdown, is offering a buyout package to 320 workers at its plant in Lincoln, Nebraska, which produces ATVs and personal water craft for Team Green. While, the buyout applies to only about 16% of the plants total 2,000 or so workers, if further costs reductions are not met then deeper cuts will likely be made.
According to Kawasaki,*"rapidly declining sales" of recreational and utility products prompted the buyout, and if not enough of the employees excericse the option to have their contracts bought, then Kawasaki will "be forced to terminate some employees." Workers at the Nebraska plant already have been working short weeks and will continue to do so for the next several months.*No further comment from*Kawasaki*is expected until Friday, May 22.*
Source: PowerSports Business
Visit Asphalt & Rubber for more articles like this one
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This article comes from AsphaltandRubber.com
*
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*
Kawasaki, not be left out of the metric manufacturer meltdown, is offering a buyout package to 320 workers at its plant in Lincoln, Nebraska, which produces ATVs and personal water craft for Team Green. While, the buyout applies to only about 16% of the plants total 2,000 or so workers, if further costs reductions are not met then deeper cuts will likely be made.
According to Kawasaki,*"rapidly declining sales" of recreational and utility products prompted the buyout, and if not enough of the employees excericse the option to have their contracts bought, then Kawasaki will "be forced to terminate some employees." Workers at the Nebraska plant already have been working short weeks and will continue to do so for the next several months.*No further comment from*Kawasaki*is expected until Friday, May 22.*
Source: PowerSports Business
Visit Asphalt & Rubber for more articles like this one
