KTM to slash workforce by over 50%, MotoGP operations to be hit

[RidersUnited]

Bajaj Auto has revealed plans to cut workforce by over 50% across several areas at KTM, including motorsport, as it inches closer to completing a takeover of the Austrian manufacturer.
Bajaj’s managing director Rajiv Bajaj stated in an interview that it intends to halve expenses across various departments in a move that will directly affect KTM and Tech3’s MotoGP teams.
“This is really ...Keep reading

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