KTM AG Announces Workforce Reduction of 500 as Part of Efficiency Program

Kronen Zeitung

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Now it is a sad reality. What has been suspected for weeks now comes in. KTM, just saved from an Indian company, will be separated from about 500 employees. It mainly meets employees and employees from the middle management. The renaming followed the shock: On Tuesday it was announced that Pierer Mobility AG – mother of the Innviertler motorcycle manufacturer – is now officially called Bajaj Mobility AG. The change in the name and the relocation…

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der Standard DE

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The company continues to expand its "efficiency program" among its new Indian majority owners – losing 500 jobs

Die Presse

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Mainly affected were employees and middle management.

SPEEDWEEK

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Under the new majority owner, Bajaj, KTM is expanding its "efficiency program" – 500 jobs are lost, two-thirds are in Austria. Sales are encouraging.

meinbezirk.at

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Two thirds of the announced reduction of 500 jobs at KTM will be accounted for by Austria. Labour Market Service (AMS) and Land OÖ want to pick up those affected by the foundation. LINZ, MATTIGHOFEN. "The Bajaj Group, as the new owner of KTM, is clearly known to KTM as an Austrian company on the occasion of the takeover of the majority, and in particular as regards the Mattighofen site, tries to find out about the further dismantling of 500 jobs…

www.kleinezeitung.at

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Under the new majority owner, Bajaj, some 500 jobs will be cancelled by motorcycle manufacturer KTM, of which two thirds will be cancelled in Austria. This mainly affects employees and middle management.