300 employees have to leave the company because a service is canceled; Production comes to a complete standstill in January and February; It is unclear how many administrative jobs will be lost; the cuts at KTM have caused a lot of commotion in recent days. How symptomatic is the crisis at the motorcycle manufacturer for the Austrian economy? We asked WIFO boss Gabriel Felbermayr this.
“Many employees do not know whether they will still have a job on Monday, which creates uncertainty” – Mattighofen’s mayor Daniel Lang provides deep insight into how close the engine manufacturer’s measures are for many people with this statement. Anyone who comes to the city cannot miss KTM: whether in the center with the museum, the KTM Motohall, or at the headquarters and production halls or at the logistics and training location in the area.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
