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HomeBlogAplenty Icon PublicationAs financial woes worsen, KTM takes drastic measures to cut losses

As financial woes worsen, KTM takes drastic measures to cut losses

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Nov 25, 2024
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KTM is planning to halt production in Austria, resulting in around 300 layoffs

It was just a couple of years ago that Pierer Mobility-owned KTM celebrated 12 straight years of record growth. Now, the company is in a dire crisis that requires a halt in production and the sacking of more than 300 employees. How did it get here?

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Category: Motorcycles, Transport

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