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See more at reveal. Harley-Davidson, the storied and struggling Milwaukee-based company that last year launched its first production electric motorcycle in an effort to reboot sales and appeal to a younger customer base, is cutting jobs from its global operations.
About workers will be laid off before the end of the year, the company said Thursday. The company plans to share a summary of The Rewire, including additional costs and expected savings, when it releases its Q2 results.
The Rewire will set the foundation for a new strategic plan, which is expected to be shared in the fourth quarter. Harley-Davidson has seen its sales drop in recent years in the U. The COVID pandemic dampened sales further and the company has already cut back production, which resulted in dozens of job cuts last month at its factories in Wisconsin and Pennsylvania.
The push into EVs and products for Asian countries aimed to expand into new markets and breathe new life into Harley-Davidson. The LiveWire, which launched last fall, was supposed to lead a future line-up of EVs planned by Harley-Davidson — spanning motorcycles, bicycles and scooters.
Harley-Davidson has not responded to a request for comment; TechCrunch will update the article if the company responds. The statement from Harley-Davidson makes no specific mention of EVs. It only said the key elements of its restructuring plan were to enhance core strengths and better balance expansion into new spaces, prioritize the markets that matter, reset product launches and build up its accessories and merchandising businesses. Older Posts Home. Subscribe to: Posts Atom.
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