Job cuts at Pierer Mobility hit KTM site in Mattighofen

At the KTM site in Mattighofen, 100 temporary workers must leave, and 150 to 200 employees are to be reduced through natural fluctuation.

The announced job cuts of up to 300 people by Pierer Mobility in the coming year will affect almost all of the KTM site in Mattighofen-Munderfing. The reason is relocations to India and China, where the Upper Austrian company has partnerships. The reduction is to be achieved primarily through natural fluctuation and a reduction in the number of leased employees, explained Pierer-Mobility Chief Financial Officer Viktor Sigl in an interview with A…