KTM: Layoffs and relocation of production

Pierer Mobility, the parent company of KTM, Husqvarna, GasGas and MV Agusta, is struggling with a massive slump in sales and has announced drastic measures. Jobs are being cut and production is increasingly being relocated abroad. But is this enough to get the debt under control and get the company back on track? In this video, we analyze the current situation.

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📌 CONTENTS:
00:00 Introduction
00:21 Decline in turnover and financial situation
01:36 Causes and affected markets
02:12 Measures taken by Pierer Mobility
03:20 Criticism from trade unions
03:47 Cuts in sporting activities
04:31 Future uncertain
05:36 Conclusion