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Harley Davidson cuts another 1,000 jobs

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Milwaukee's Harley-Davidson says it will cut another 1,000 jobs, after its profit for the last quarter plunged by 91 percent.

The famous motorcycle company reports total earnings of almost $20 million from April-June, down from $223 million in the same quarter of 2008.

Revenues fell by 27 percent and Harley's factories said they would ship out fewer motorcycles than expected for the rest of the year.

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