{"id":629,"date":"2009-02-05T00:31:58","date_gmt":"2009-02-04T20:31:58","guid":{"rendered":"http:\/\/www.stokednews.com\/?p=629"},"modified":"2009-03-17T15:26:12","modified_gmt":"2009-03-17T22:26:12","slug":"mercury-marine-navigating-difficult-economic-waters-layoffs-shift-reductions-meant-to-position-manufacturer-for-recovery","status":"publish","type":"post","link":"http:\/\/www.stokednews.com\/?p=629","title":{"rendered":"Powerboat &#8211; Mercury Marine navigating difficult economic waters &#8211; Layoffs, shift reductions meant to position manufacturer for recovery"},"content":{"rendered":"<p>A temporary shutdown last month at Mercury Marine was done in an effort to preserve the company\u00e2\u20ac\u2122s cash and keep an already inflated inventory in check.<\/p>\n<p>\u00e2\u20ac\u0153The biggest issue is to preserve cash while we\u00e2\u20ac\u2122re in this volatility,\u00e2\u20ac\u009d said Ray Atchinson, vice president of human resources for Mercury Marine.<\/p>\n<p>Atchinson said a second reason for the shutdown was to make sure the company isn\u00e2\u20ac\u2122t \u00e2\u20ac\u0153filling the pipeline\u00e2\u20ac\u009d with inventory that will sit and age in dealer showrooms.<\/p>\n<p>Rather than laying people off permanently, the company is utilizing temporary layoffs to preserve its work force so trained workers are in place when the market improves&#8230;\u00c2\u00a0 <a href=\"http:\/\/www.fdlreporter.com\/article\/20090205\/FON0101\/90205138\/1985\" target=\"_blank\">More info<\/a><\/p>\n<div>\n<center><br \/>\n[ad#cor1]<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A temporary shutdown last month at Mercury Marine was done in an effort to preserve the company\u00e2\u20ac\u2122s cash and keep an already inflated inventory in check. \u00e2\u20ac\u0153The biggest issue is to preserve cash while we\u00e2\u20ac\u2122re in this volatility,\u00e2\u20ac\u009d said Ray Atchinson, vice president of human resources for Mercury Marine. Atchinson said a second reason for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,29,30],"tags":[],"class_list":["post-629","post","type-post","status-publish","format-standard","hentry","category-boating","category-new-boating-products-tests","category-powerboat"],"_links":{"self":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=629"}],"version-history":[{"count":5,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/629\/revisions"}],"predecessor-version":[{"id":4206,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/629\/revisions\/4206"}],"wp:attachment":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=629"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}