Drama before Christmas: KTM employees in great need because of bankruptcy!

shock in the motorcycle world: The traditional company KTM, based in Mattighofen, has come into bankruptcy. The credit protection association reported this and states that the manufacturer's debt is around 1.8 billion euros. The bankruptcy has dramatic consequences for the approximately 3,600 employees, because it is expected that up to 750 jobs will be lost. 250 employees have already been terminated, and another 500 are on the brink as part of the renovation, report today's colleagues.

The situation of the employees concerned is more than worrying. Affected people desperately turned to the media and describe the sometimes humiliating circumstances in the workplace. A woman anonymously reported on the emotional pressure that her husband is exposed to, who has been put under pressure several times to sign his termination documents. She took a breath for her anger when she explained that some employees had nothing but idle in the canteen, while others were sent home because there is simply no work. Before the Christmas holidays, uncertainty is particularly depressing for many. "I am desperately looking for a job while my partner was completely terminated," she complains, as reported.

management in criticism

KTM is not only known for his motorcycles, but also for the tour of Stefan Pierer, who has been in the company for over three decades and has run the chairmanship. In view of the current crisis situation, there are some critical voices that denounce the dealings with the employees. Hans Lang, the group spokesman, emphasized that the company does not put pressure on its employees, which meets increased allegations of illegality in the termination processing, such as states the timeliness of karreiere-ktm.de . It remains to be seen how the situation will develop and whether the organizer can implement the changes to save the company.