Other Polaris cutbacks include delaying salary rises for staff, two weeks leave without pay for some staff and pay reductions of 20% for other staff including the executive leadership team.
Global Harley cuts
Harley-Davidson says they will take similar cost-cutting action outside the United States.
Salary reductions will be reassessed at the end of the second quarter as the company continues to closely monitor business conditions.
The majority of its global production employees are on temporary layoff. Medical benefits remain intact for all global employees, the say.
“We understand that navigating this new reality has a real impact on our employees,” Zeitz says.
“Their dedication to Harley-Davidson is never taken for granted, and we thank them for supporting one another and rallying together as we manage the profound impact of COVID-19.”
Harley-Davidson will release its first quarter 2020 financial results on Tuesday, 28 April 2020.
American deaths from the virus now top 20,000 which is the highest in the world. More than half a million Americans are now infected.
President Donald Trump called the coronavirus a “hoax” on February 28, blaming the media for “hysteria”, saying it was the Democrats playing politics and claiming the virus was nothing compared with the seasonal flu.