Harley-Davidson Slashes Jobs Amid Tariff-Induced Profit Losses

Harley-Davidson plans to reduce its global workforce as tariffs have erased its profits, with the company citing a 26% drop in profits from 2024 and an operating loss of $29 million in 2025. Tariffs have cost the company $67 million in 2025 and are estimated to cost between $75 million and $105 million in 2026. The company expects to achieve $150 million in annual run-rate savings starting in 2027 through a broad realignment that includes healthier inventory levels, improved product mix, and greater flexibility to reflect local market conditions.