KTM bankruptcy hits 3,600 employees: Fears of existence at Christmas time!

KTM bankruptcy hits 3,600 employees: Fears of existence at Christmas time!

Mattighofen, Österreich - Linz, 03.12.2024 (Cape) - The crisis struck: The renowned motorcycle manufacturer KTM applied for bankruptcy from the Ried regional court on Friday. Incredible 3,600 employees are now affected by the insolvency. "We don't care how everyone is doing," says the company pastor Susanne Lew, who reports of great uncertainty and dismay. The support of the church, especially through the meeting point "Mensch & Work Braunau", is essential in this difficult time. Here crisis information is provided and workshops are offered for emotional support, which is particularly important for young families and single parents who are in financial need due to lack of November salaries.

consequences and emotions

With a view to Christmas, the bankruptcy comes at an extremely unfavorable time for many affected people. "Now you start the new year and do not know how it goes on personally," said a worried voice in the diocese of Linz. The uncertainty about possible dismissals hovers like a sword of Damocles over the employee. Propst Leon Sireisky, pastor of Mattighofen, spoke of a true catastrophe for the city and called for a deeper reflection on the economic structures in Austria. "It just hurts," he emphasizes and is concerned about increasing inequality in the current economic system. Michaela Pröstler-Zopf, head of the working worlds department, adds that not only KTM is affected-everywhere in business, from trading to the vehicle industry, you can feel turbulence.

In a different but also important area, the challenges are also pointed out: The German Bishops' Conference has used a selection committee that deals with the experiences and needs of people affected by sexual abuse. In the future, this committee will ensure that those affected will be heard and that their concerns can flow into the structural changes. It shows that there is a need for action in the economic and social sector to help people in difficult situations, which puts the need for support and justice.

In view of the challenges in front of which the KTM employees are facing, they need more than ever the solidarity of their community and the support of initiatives such as the meeting point "Mensch & Work". The emotional and material needs of bankruptcy are unmistakable. For many, it's not just about the job, but about the entire life planning.