Tag

jobs

Browsing

Harley-Davidson has taken another step forward with its “Rewire” plan, as CEO Jochen Zeitz is set to cut 700 jobs from the company worldwide, with 500 employees expected to be cut by the end of the year.

As a result of this news, the company’s current CFO, John Olin, is stepping down from his role effective immediately, thus ending his 17-year tenure at the Bar & Shield brand.

Replacing Olin as the interim-CFO at Harley-Davidson is Treasurer Darrell Thomas, who will hold the spot while the motorcycle manufacturer looks for a more permanent replacement.

It seems any efforts to save Marzocchi have been squashed, as the suspension company’s owners, Tenneco Inc., intend to cease Marzocchi’s world operations and transfer its motorcycle and bicycle business for clients to new providers.

The news not only affects a number of motorcycle manufacturers, but also 127 employees at Marzocchi’s Bologna-based factory, and another 11 employees in North America and Taiwan.

Tenneco announced its intent to shutdown Marzocchi back in July, though the news has been slow to permeate the motorcycle industry.

Think the Harley-Davidson LiveWire project was just a stunt for shareholders? No one can say for certain, of course, but the Bar & Shield brand is continuing its search for experts in electric vehicle production…which we doubt anyone would have believed 10 years ago.

Right now Harley-Davidson has two positions posted on its career portal — a Staff Technical Engineer and a Advanced Manufacturing Project Engineer — both of which refer to an EV/Electrical project at Harley-Davidson.

ktm_hq

About half of KTM’s 1,500 full-time employees will be shifting to part-time positions between May and August of this year says the . KTM said the measure would apply to all categories of employees, including white-collar employees as well as manual laborers. The move effectively eliminates two months of production, but retains the company’s workforce and manufacturing capacity in hopes of an economic rebound next year. 

The move comes after KTM’s announcement a few months ago in January, which said the Austrian company would lay off 150 workers in its leasing division, and 150 core employees by April this year. KTM chief Stefan Pierer  added that the company was planning to decrease production by 25 %, but said he expected business to get slightly better next year. On the positive side of the news, Pierer also claimed the motorcycle industry was in better shape to survive the recession than the car industry since more people would opt for motorcycles during a recession.

Source: Austrian Time via Hell for Leather