Bajaj Mobility AG Initiates Global Rightsizing: 500 Jobs Affected at KTM AG

Bajaj Mobility AG has announced a global rightsizing programme, affecting around 500 employees at KTM AG, primarily in white-collar and middle management roles. This move is aimed at enhancing competitiveness by reducing costs and optimizing structures following their majority acquisition of KTM in 2023.

Bajaj Mobility AG revealed its decision on Wednesday to launch a global rightsizing initiative, which will result in cutting approximately 500 jobs at KTM AG. This Austria-based company, previously PIERER Mobility AG, oversees KTM Group, a top European motorcycle brand.

The measure, to be fully implemented by 2025, is a strategic effort to bolster long-term competitiveness by cutting fixed costs, streamlining structures, and enhancing international networks. The announcement came after Bajaj Auto took a majority stake in the Austrian firm last November.

KTM brands, including Husqvarna and GASGAS, have been a staple in the premium motorcycle segment across Europe. During a recent filing on the BSE, Bajaj Mobility AG emphasized the unavoidable need for this workforce reduction, primarily affecting white-collar employees and middle management, despite having 3,794 employees as of late 2025.

(With inputs from agencies.)