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NEWS
S&S struggles in downturn
Employees laid off in recessionThe recession and mortgage crisis in the USA is having its inevitable ripple effect, with motorcycle sales overall reported to be softening and the 50-year-old S&S Cycle aftermarket company laying off 60 of its 155 employees.
It's a clear sign that people have been cutting back their discretionary spending, with luxuries like the gear S&S does so well probably among the first to go.
Company President Brett Smith said, "This was a very, very hard decision personally. People I've known for years were impacted."
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Written byGuy Allen
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