MotoGP News: Situation At KTM Worsens After Company Backtracks On Salary Commitments

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KTM's financial situation appears to have deteriorated, as reports suggest the company has backtracked on its commitment to pay its employees before 2025. The U

's financial situation appears to have deteriorated, as reports suggest the company has backtracked on its commitment to pay its employees before 2025. The Upper Austrian Chamber of Labour revealed that KTM staff will not receive their December salary, despite the company's earlier promise to provide a 90 percent advance on the month’s pay.Pierer Mobility Group

The chairmen of the PRO-GE and GPA unions, Reinhold Binder and Barbara Tieber revealed that KTM failing to pay salaries before Christmas despite the assurance is like a "slap in the face" of the employees. The duo adopted a firm stance on the issue, emphasizing the importance of identifying those responsible for the current situation. They said in a joint statement:

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