Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(108,071 posts)
Thu Jul 9, 2020, 01:10 PM Jul 2020

Harley-Davidson eliminating 700 jobs, Chief Financial Officer John Olin has left the company

Source: Milwaukee Journal Sentinel

Harley-Davidson Inc. says it is eliminating 700 jobs this year, as part of its comprehensive effort to rebuild the company.

Chief Financial Officer John Olin, who has been with Harley 17 years, has left the company. Treasurer Darrell Thomas will assume Olin’s duties as interim CFO, the company said in a news release.

"Significant changes are necessary and we must move in new directions," Jochen Zeitz, chairman, president and CEO said in the release.

The changes are part of Harley’s overall efforts called “Rewire.” About 200 of the 700 positions being eliminated are already vacant, according to the company, and the remaining 500 will be phased out this year.



Read more: https://www.msn.com/en-us/money/companies/harley-davidson-eliminating-700-jobs-chief-financial-officer-john-olin-has-left-the-company/ar-BB16xy1Q?li=BBnb7Kz

21 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Harley-Davidson eliminating 700 jobs, Chief Financial Officer John Olin has left the company (Original Post) Yo_Mama_Been_Loggin Jul 2020 OP
I thought the turd SAVED Harley-Davidson.... not_the_one Jul 2020 #1
Didn't Reagan save them too? bucolic_frolic Jul 2020 #2
45% Tariff On Engines 750cc & Bigger ProfessorGAC Jul 2020 #4
Reagan, the free trade guy! bucolic_frolic Jul 2020 #5
Spot On! ProfessorGAC Jul 2020 #7
Honda, Kawasaki etc. snort Jul 2020 #8
Did Not Know That! ProfessorGAC Jul 2020 #14
Bikers for Trump have to be bummed out n/t hibbing Jul 2020 #3
I follow lots of markets in my resale business. safeinOhio Jul 2020 #10
Off topic but, some of those are WAAAAAY too loud. C Moon Jul 2020 #6
Don't blame Harley-Davidson for all of that. Mopar151 Jul 2020 #9
I know they don't come off the lot like that. Thanks for the example of how it's done. C Moon Jul 2020 #13
"Loud pipes saves lives" Jimbo S Jul 2020 #15
My neighbor (like I said) had MEGA LOUD pipes. C Moon Jul 2020 #17
I think it's the latter Politicub Jul 2020 #19
I'm temporarily in South Dakota Yeehah Jul 2020 #20
A very good friend of mine designed the induction and exhaust system for the HD V Rod. Scruffy1 Jul 2020 #21
This kinda sorta sums it up... mitch96 Jul 2020 #11
Every morning, on my way to work, I pass the house of a guy with a HOG decal and a Trump sign... NNadir Jul 2020 #12
"Chief Financial Officer John Olin has left the company" with bulging pockets. mpcamb Jul 2020 #16
I think motorcycles are a trend that goes in and out of style Politicub Jul 2020 #18
 

not_the_one

(2,227 posts)
1. I thought the turd SAVED Harley-Davidson....
Thu Jul 9, 2020, 01:15 PM
Jul 2020

Will they remember that when they go vote?

After all, he's got the BIKERS!!!!!

bucolic_frolic

(43,206 posts)
2. Didn't Reagan save them too?
Thu Jul 9, 2020, 01:31 PM
Jul 2020

in 1983 Reagan raised tariffs ten-fold on foreign motorcycles.

How many salvations is this for Harley-Davidson?

https://www.jsonline.com/story/money/business/2018/06/28/harley-davidson-tariffs-reagan-protected-company-foreign-bikes/742273002/

In 1981, an investor group led by Beals bought the company from AMF. That move, and the government protections, were seen as key factors in a legendary turnaround for the motorcycle manufacturer.

Reagan ordered a tenfold increase in tariffs on heavyweight motorcycles, almost all of which were then imported from Japan. In the first year of a five-year program, tariffs rose from 4.4 percent to 49.4 percent on all large highway motorcycles. The duties were then scaled back in successive years to 39.4 percent, 24.4 percent, 19.4 percent and 14.4 percent.

ProfessorGAC

(65,085 posts)
4. 45% Tariff On Engines 750cc & Bigger
Thu Jul 9, 2020, 01:53 PM
Jul 2020

I think 1983.
I had a Honda already, so didn't affect me.
I think mine was a 650, so might not have anyway.

safeinOhio

(32,698 posts)
10. I follow lots of markets in my resale business.
Thu Jul 9, 2020, 02:43 PM
Jul 2020

Getting hard to sell used HDs. Young folks are not into the loud, slow bikes. Their stock has been falling to years.

Those Bikers For Trump are already mad. A week or two ago Harley dropped a dealer in Tenn. for a racist post on FB by that dealer. I guess they are trying to follow NASCAR. Adapt or die.

C Moon

(12,218 posts)
6. Off topic but, some of those are WAAAAAY too loud.
Thu Jul 9, 2020, 02:04 PM
Jul 2020

They hurt my ears, I can't imagine what my dog goes through when they pass—no wonder she barks at them.

Mopar151

(9,990 posts)
9. Don't blame Harley-Davidson for all of that.
Thu Jul 9, 2020, 02:26 PM
Jul 2020

I know a Honda rider (and skilled machinist) who will cut stock Harley (or other M/C) exhausts apart, and modify or remove baffles to bring them near legal maximum on noise! Despite the fact that he charges more for for a set of his modified mufflers, that the price of a good aftermarket "pipe".

His "claim to fame" is that the exhaust is NOT more efficient, or freer flowing, when he's had his way with it! Thus preventing the need for carburetor/Injection "re-jetting" or "tuning". Plus it retains the stock appearance, as many states try to keep everything "OEM" in their regulations.

C Moon

(12,218 posts)
13. I know they don't come off the lot like that. Thanks for the example of how it's done.
Thu Jul 9, 2020, 03:28 PM
Jul 2020

I had a neighbor who the very day he got one, removed any sound barrier and then road it around. Our house was shaking as he drove by.

Jimbo S

(2,958 posts)
15. "Loud pipes saves lives"
Sat Jul 11, 2020, 07:30 PM
Jul 2020

is their motto. If their loud, car drivers can here them and be aware of their presence.

That said, I wonder how many own a loud bike for safety purposes or just to piss people off.

C Moon

(12,218 posts)
17. My neighbor (like I said) had MEGA LOUD pipes.
Sat Jul 11, 2020, 08:10 PM
Jul 2020

He had the motorcycle for just over 1 year, and got into 2 accidents—the first requiring 2 surgeries, the second screwing up his face.
The noisy thing now sits in the garage untouched for over a year.

Politicub

(12,165 posts)
19. I think it's the latter
Sat Jul 11, 2020, 10:02 PM
Jul 2020

The only motorcycles I hear on the freeway are the ones that sound like loudly buzzing bees as they fly by.

Yeehah

(4,588 posts)
20. I'm temporarily in South Dakota
Sat Jul 11, 2020, 11:30 PM
Jul 2020

All the Harley bikers do not wear helmets and have loud-ass pipes. If they had brains in their heads to comprehend safety, they would wear helmets. The loud pipes are just to piss people off.

Scruffy1

(3,256 posts)
21. A very good friend of mine designed the induction and exhaust system for the HD V Rod.
Sun Jul 12, 2020, 01:19 AM
Jul 2020

After he sent the protype to HD they said it wasn't loud enough so it got redesigned and lost six horsepower. And no loud pipes are not safer. The danger is in front of you usually and the sound is behind you.

NNadir

(33,532 posts)
12. Every morning, on my way to work, I pass the house of a guy with a HOG decal and a Trump sign...
Thu Jul 9, 2020, 03:06 PM
Jul 2020

...on his mailbox.

He also has a sign indicating he's a house painter.

I give the guy's house the finger every morning while driving to work. It's stupid, I know, but it makes me feel better.

If you love your motorcycle more than you love humanity, well, I'm sorry, I couldn't care less how much you cry in your beer.

Politicub

(12,165 posts)
18. I think motorcycles are a trend that goes in and out of style
Sat Jul 11, 2020, 09:58 PM
Jul 2020

And weirdly, instead of being a biker as a form of rebelliousness, it has become a symbol of Trump and police support.

Latest Discussions»Latest Breaking News»Harley-Davidson eliminati...