First things first: I'm not here to Pollyanna at you. There's a lot of tough stuff happening in KTM world right now, particularly if you're a Mattighofen-based employee.
I mean, how would you like to suddenly be told that your employer couldn't pay your monthly salary (let alone your expected yearly bonus), right before the holidays? Easy: You wouldn't. No one would. And while some folks love courtroom drama, the KTM insolvency hearings at the Regional Court of Ried im Innkreis mainly aimed to provide insight into what steps KTM's self-administration had taken so far to resolve matters.
Which matters? Oh, those pesky nearly-$3 billion Euros in debt, if you recall. You know. No big deal. Nothing to see here, certainly (she said, wryly). It's a dire situation, for sure. But, in the interest of not leaving you with nothing but a pile of bad news right before the holidays, I was determined to polish up one tiny little gem out of the seemingly endless piles of dross we've found ourselves wading through with orange hip boots lately.
Are you ready to race? Yeah? Here's your slightly good news: KTM might not have to lay off as many of its Mattighofen employees as it originally said it would.
