KTM in the crisis: 3,600 employees worry about their future!

KTM in the crisis: 3,600 employees worry about their future!

In the shock wave of bankruptcy, which has been shaking KTM AG since November 29, 2024, around 3,600 employees are facing uncertain times. From December 13th, the production bands in the main plant in Mattighofen will be shut down by the end of February 2025. The unplanned winter break for many Düsseldorf employees of nearby Bavaria is a serious problem. KTM has announced that it will cover the unveiled November salary including Christmas bonuses via an insolvency fee fund, which requires numerous applications. However, the December content is paid regularly, which represents a small ray of hope, while around 1,000 jobs have already been lost and the top of the economy predicted a further reduction by 500 jobs. This dramatic turn comes, while the brand itself can continue, according to the first surveys of the renovation recipient Peter Vogl, which creates positive forecasts for both dealers and faithful fans, such as ORF OÖ reported . The insolvency administrator under the court is now monitoring all decisions that affect the future of the company, while production is severely restricted and details on the renovation plan are still standing.

The KTM's “pit stop” message wants to encourage the customer, with the loneliness of employees and the impending loss of many jobs to show the tragic reality behind the brand. Only selected models will be increasingly being produced in the coming months and motorcycles that have already been produced are in warehouses, which further puts liquidity under pressure. Traders and customers look forward to how the Situation will develop. There is a threat of a gap that may not be filled so quickly while confidence in the brand is at stake.