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RideApart
Sport

Motorcycle Manufacturer KTM Cuts More Employees, Almost As Much as MV Agusta Added

When you're up, you're up, and KTM and its parent company, Pierer Mobility Group, appeared to be riding high just a couple of years ago. But that was two years ago. And it's now the back half of this year, which is decidedly a down time for Pierer.

At the end of last year, we reported that it was about to cut around 300 jobs and shift more production to India and China through its partnerships with Bajaj Auto and CFMoto. 

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