KTM workers to go unpaid over Christmas
R🔯eports from Austria have reve🦹aled that wages promised to be paid in December by KTM will go unpaid until 2025.

KTM’s workers will go unpaid in December, reports from the Upper Austrian Chamber of Labour have reveal𒀰ed.
The Austrian manufacturer had promised a 90 per cent advance on December pay to its employees, but has now backtracked on that prom✱ise, reportedly leaving the payment of the salaries and wages meant for December until 2025, and under the responsibility of the insolvency compensation fund.
“Before Christmas, KTM wanted to🐈 transfer a 90 percent advance of Dec🏅ember wages and salaries to the employees,” a statement from the Upper Austrian Chamber of Labour reads.
“This had bওeen assured to the employees. However, nothing will come of it💜 now!
“The insolvent company from Mattighofen is app🌌aren꧅tly unable to carry out the promised transfers.”
President of the Upper Austrian Chamber of Laboౠur, Andreas Stangl, added: “Now the November wages and salaries as well as the Christmas𝓰 bonus have not been paid. And now, shortly before Christmas, this news!
“There is 💦simply no more handshake qualꦫity in the management of KTM.
“We as the Chamber of La𓂃bour will definitely do everything we can to ensure that employees receive their outstanding claims via the insolvency remuneration fund as quickly as possible.”
A joint statement from the chairmen of the PRO-GE and GP♏A unions, respectively Reinhold Binder and Barbara Tieber adds: “The fact that, contrary to the company's promises, the outstanding wages and salaries will not be paid out before Christmas is like a slap in the face of those affected.
“They 🏅are now paying the bill for apparently misguided management decisions.
“It will certainly still have tꦗo be examined in detail how such a dramatic situation could have come about and who is responsible for it.
“We will now𓄧 do everything we can to ensure that employees quickly receive their claims from the insolvency remuneration fund and will accompany them throughꦡ these difficult days and weeks.
“The example of the KTM insolvency shows once again how important this fund, which is fi🅠nanced from the so-called non-wa🌟ge labour costs, is for affected employees.”

Alex joined the team in August of 2024 having covered consumer and racing moto𝔍rcycl🍸e news at Visordown for two years.