Details Emerge on Harman Cuts
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA global audio technology manufacturer has detailed the timeline for layoffs in Elkhart. Connecticut-based Harman International Industries Inc. (NYSE: HAR) says between April and the end of June, more than 100 employees will lose jobs.
WSBT-TV in Mishawaka first reported on the layoffs in July, saying the cuts were part of a consolidation of some production and warehousing operations to California and Mexico. In a notice to the Indiana Department of Work Force Development, Harman International says the first round of 41 layoffs will begin April 5 and wrap up two weeks later. The remaining 61 will be laid off between June 16 and June 30.
In November, Samsung Electronics announced the $8 billion acquisition of Harman. The global manufacturer says Harman will be a standalone subsidiary.
The Connecticut-based company acquired Crown Audio in Elkhart in 2000.