Up to 300 further layoffs are planned ... of 2022 to as high as 1.5 billion euros in mid-2024. KTM’s share price has lost around 90 percent of its value since its peak in February 2022.

The president of the Upper Austrian Chamber of Labor is outraged by the developments at KTM. After the company had assured the more than 3,600 affected employees that it would pay them a 90 ...