Kawasaki Motors Manufacturing laid off 320 employees last week following an earlier buyout offer to workers in their consumer products division, which produces their utility vehicles and other products. Management reported that nearly all the layoffs were the result of voluntary acceptance of the buyout. As a result, the consumer products workforce at the Lincoln, NE location has been reduced by 25% to approximately 900 workers.
Kawasaki’s consumer products division reported a sales decline of 22% for the fiscal year ending in March. This is on par with first quarter declines recently reported by Polaris Industries and Arctic Cat. Learn more: Journalstar.com