The layoffs will affect 90 production workers at the company’s facility in York, Pennsylvania, and 50 others at its Tomahawk facility in Wisconsin, a company representative told Reuters.
Harley-Davidson’s sales have been declining for the past five years in the United States, its largest market, as its baby-boomer customer base ages. The coronavirus pandemic has further dented retail demand.
“As course of normal business, Harley-Davidson regularly adjusts its production plan and appropriately sizes its workforce,” the company representative said in a statement.
The company’s shares were last trading up 2.3% at $23.93.
Source: Economy - investing.com
