Briggs and Stratton to cut 10 percent of salaried jobs
MILWAUKEE - Briggs and Stratton has announced it will be cutting the number of salaried jobs at the company by about 10 percent during its 2012 fiscal year.
This comes as the company says that it will stop looking to see its lawn and garden products at major retail stores in 2013, and it will move jobs from its Auburn, Alabama plant to China.
The company said in a news release that the staff reduction would affect about 210 employees in its global operations. There was no word on how many of those employees would come from its Milwaukee-area locations.
"Our longer term projections of the lawn and garden market in the U.S. and in Europe do not return to the peaks that we saw in 2004 and 2005 for the foreseeable future," explained President and CEO Todd Teske in a statement.
"We previously announced capacity reductions in our manufacturing facilities and have announced today that certain portions of our current business will not be strategic for us in the future. As a result, we are taking the difficult, but necessary actions, to reduce our salaried support staff as well. While it is very difficult to take these actions, it is necessary to reach our strategic goals and position Briggs & Stratton for success in the future."