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KTM Finance ‘absolutely not’ affected by 500 corporate layoffs, restructure

Johnnie Martinez II

KTM Finance’s operations remain unaffected by the ongoing layoffs at KTM AG announced Jan. 13 by parent company Bajaj Mobility.  Bajaj, formerly Pierer Mobility, said its powersports manufacturing subsidiary, KTM AG, the parent company of captive financier KTM Finance, will cut about 500 jobs to strengthen competitiveness following KTM’s insolvency at the end of 2024. The reductions largely affect salaried employees and middle management, and are […]

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