Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
KTM, an Austrian motorcycle manufacturer in the transport equipment sector, announced the reduction of around 500 jobs, mainly affecting employees and middle management, with approximately two thirds of the job cuts located in Austria, as part of a restructuring following its insolvency.
The job reductions are linked to a cost-cutting and efficiency programme aimed at lowering fixed costs, streamlining organisational structures and refocusing the product portfolio on the core motorcycle brands KTM, GASGAS and Husqvarna, after the company entered insolvency proceedings at the end of 2024 and resumed operations in 2025.
The workforce reduction will be implemented through dismissals, voluntary exits and organisational simplification, including the removal of an entire management layer, with early notification procedures filed with the public employment service and support offered via an automotive employment foundation.
Public authorities in Upper Austria and the labour market service highlighted available transition measures, while company management stressed the necessity of the measures to stabilise the firm and secure its long-term competitiveness.
**Updated, 10/03/2026 **
KTM has scheduled the first wave of dismissals to begin on 16 February, affecting mainly permanent full-time roles in production and administrative functions at its Mattighofen and Munderfing sites. The company is implementing a comprehensive support package, including a social plan, access to a hardship fund, and an insolvency foundation providing training and qualification opportunities for up to 200 additional employees. Social partners, including the GPA union and the Public Employment Service, are collaborating with KTM and regional authorities to ensure that mitigation measures are effectively applied, taking into account employee age, tenure, and family circumstances, with additional compensation provided beyond legal entitlements.
Around the time of the motorcycle manufacturer's insolvency declarations in 2024 in Austria, three previous job reductions were registered in the ERM events database; see KTM 2024 - AT, KTM Components 2024 - AT, and KTM F&E 2024 - AT.
Eurofound (2026), KTM , Internal restructuring in Austria, factsheet number 204069, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204069.
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