KTM bankruptcy shocked Innviertel: 750 jobs in danger!

KTM bankruptcy shocked Innviertel: 750 jobs in danger!

The traditional motorcycle manufacturer KTM from Mattighofen (Braunau district) has come into the bankruptcy, which has drastic effects on the employees and the entire region. According to the credit protection association, the debt load amounts to around 1.8 billion euros. The decline means that around 3,600 employees are affected, of whom 250 have already been terminated and another 500 layoffs will follow in the course of the renovation measures. This alarming information was published by Today.

uncertainty among employees and suppliers

The news about the bankruptcy not only put the KTM employees in turmoil. An anonymous employee of a supplier reported ooe.orf.at that the message about the bankruptcy came completely unexpectedly for him and his colleagues. "We don't know how we go on. Nobody says anything. We expect the worst every day," he said. This uncertainty creates a climate of fear because the orders in the supplier companies were canceled as a result of the bankruptcy.

The mood is tense because countless families have to worry about their future. Mario Moser-Luger, regional secretary of the GPA union, confirms the great concern among the employees who have been able to achieve him in his talks in the company in the past few days. The influence of bankruptcy on the surrounding companies is considerable and the shock is deep. The bankruptcy of KTM is perceived by many as a bitter setback for the entire region.