Harley-Davidson will cut 140 jobs in the US following its decision to adjust production volumes, a company representative told Reuters.
The layoffs will affect 90 production workers at Harley’s York facility in Pennsylvania and 50 at its Tomahawk facility in Wisconsin.
Harley-Davidson cuts 500 jobs in latest round of layoffs
Harley-Davidson to offer US dealers smaller selection of motorcycles
Harley-Davidson shares surge after CEO named
Harley-Davidson profit skids 45 percent as coronavirus slows sales
Shares of the motorcycle maker, helmed by CEO Jochen Zeitz, who was appointed last month, were up 3.6 percent in late-afternoon trading, at $24.20.
In April, the company temporarily laid off most of its production staffers and cut some salaries due to revenue problems brought on by the coronavirus pandemic.