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About half of KTM’s 1,500 full-time employees will be shifting to part-time positions between May and August of this year says the Austrian Times.*KTM said the measure would apply to all categories of employees, including white-collar employees as well as manual*laborers.*The move effectively eliminates two months of production, but retains the company’s workforce and manufacturing capacity in hopes of an economic rebound next year.*
The move comes after KTM’s announcement a few months ago in January, which said the Austrian company would lay off 150 workers in its leasing division, and 150 core employees by April this year.*KTM chief Stefan Pierer**added that the company was planning to decrease production by 25 %, but said he expected business to get slightly better next year. On the positive side of the news,*Pierer also claimed the motorcycle industry was in better shape to survive the recession than the car industry since more people would opt for motorcycles during a recession.
Source: Austrian Time via Hell for Leather
Visit Asphalt & Rubber for more articles like this one
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This article comes from AsphaltandRubber.com
*
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About half of KTM’s 1,500 full-time employees will be shifting to part-time positions between May and August of this year says the Austrian Times.*KTM said the measure would apply to all categories of employees, including white-collar employees as well as manual*laborers.*The move effectively eliminates two months of production, but retains the company’s workforce and manufacturing capacity in hopes of an economic rebound next year.*
The move comes after KTM’s announcement a few months ago in January, which said the Austrian company would lay off 150 workers in its leasing division, and 150 core employees by April this year.*KTM chief Stefan Pierer**added that the company was planning to decrease production by 25 %, but said he expected business to get slightly better next year. On the positive side of the news,*Pierer also claimed the motorcycle industry was in better shape to survive the recession than the car industry since more people would opt for motorcycles during a recession.
Source: Austrian Time via Hell for Leather
Visit Asphalt & Rubber for more articles like this one
