Details Emerge on Harman Cuts

A 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.