(Bloomberg) — Harley-Davidson Inc. investors, who cheered the appointment of a turnaround artist, don’t like the early rendition of his makeover for the ailing motorcycle maker.Jochen Zeitz, a former Puma SE boss who became chief executive officer in February, has been working to shrink the company and narrow its focus amid a five-year sales slump in its core U.S. market. He has cut roughly 14% of the workforce, pruned its dealer network and delayed product launches.“We’re not willing to sacrifice the strength of our legacy in a quest for pure volume growth going forward,” Zeitz said on a conference call. …read more
Source:: Yahoo Finance
