![]() ![]() In March, the coronavirus pandemic forced the MoCo to shut down production temporarily. CEO/president Matt Levatich stepped down (or was pushed out, depending who you believe) in February. It’s tough news for many Harley-Davidson employees, but at this point, everyone inside the company should realize that massive changes are still ahead. Olin worked with Harley-Davidson for 17 years the company’s treasurer, Darrel Thomas, is covering Olin’s duties on a temporary basis. ![]() Meanwhile, CFO John Olin is also on the way out. That was hardly a shocker, as the company has announced drastic cuts to production in 2020 as it enters a restructuring plan called The Rewire. At this point, we haven’t seen where the job losses are centred Harley-Davidson laid off almost 150 employees in the US last month, including dozens of factory workers. That works out to roughly 13 percent of Harley-Davidson’s 6,000 employees. According to Harley-Davidson’s official statement, the company requires “ approximately 700 fewer positions across the company’s global operations with approximately 500 employees expected to exit the organization through 2020.“ Harley-Davidson already has 200 vacant positions and it’s not filling those holes, according to reports. Harley-Davidson is eliminating those 700 workforce positions and the cuts have already started. The wild changes continue at Harley-Davidson, with news the MoCo is cutting 700 jobs worldwide, and the chief financial officer has left the company. The Fat Boy gets a black-out paint job for its 30th anniversary. ![]()
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