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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 didn’t last long. Exactly two months after the firing of Matt Levatich as Harley-Davidson’s CEO, the Bar & Shield brand has announced that it is stepping away from the company’s “More Roads Lead to Harley-Davidson” business strategy, for a new plan that is being called “The Rewire”.

As you would expect, the new plan is framed partially by the response to the COVID-19 pandemic that is gripping the world, but Harley-Davidson sees things further down the path as well, saying that the “The Rewire” will be a five-year strategy for the motorcycle maker.

This move comes after a considerable internal battle for control of the Harley-Davidson board of directors, which saw a proxy fight breaking out with Impala Asset Management – one of Harley-Davidson’s largest shareholders.

The fight ended in a truce, with Impala and Harley-Davidson agreeing to add another board seat, of their mutual choosing. Presumably, a part of that peace offering is the new Rewire plan that we now see.