Last year, Japanese manufacturer Yamaha experienced a 28.1 percent drop in revenues. According to officials at Yamaha, the economic slump brought a decrease in sales of motorcycles and marine products both in the home market and overseas in 2009. All these made the Japanese manufacturer consider cost-cutting and reorganization.
Yamaha will eliminate 200 positions in the United States and Europe this year in addition to 800 layoffs by the end of October announced earlier this month. Yamaha wil… (read more)