Rightsizing Programme
Bajaj Auto arm to lay off 500 employees of KTM in Austria to cut costs
This story was originally published at 14:09 IST on 14 January 2026
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AHMEDABAD - Bajaj Auto Ltd. Tuesday said its step-down subsidiary Bajaj Mobility AG will lay off 500 salaried and middle management employees working with KTM group in Austria to lower costs, restructure the group, and focus on product and project portfolio. Citing press releases by Bajaj Mobility, the company dubbed the layoffs as a "necessary" realignment and "unavoidable".
"Following the successful completion of the restructuring process in 2025, KTM AG is initiating a global rightsizing program," Bajaj Mobility said in the release. As of Dec. 31, KTM's headcount was 3,794.
Bajaj Mobility is the holding company of KTM Group, a leading motorcycle maker in Europe. KTM makes off-road and street motorcycles under prominent brand names KTM, Husqvarna, and GASGAS.
Since acquiring a controlling stake in KTM AG end-2025, Bajaj Auto has maintained that it will take certain strategic steps to enable a structured revival of the motorcycle brand. In 2025, the company had divested its bicycle business, FELT Bicycles, and restructured other departments.
Sharing revenue and sales figures, Bajaj Mobility said KTM sold 209,704 motorcycles in 2025, down 28% from 2024. As part of the closure of the bicycle division, it sold 64,110 e-bicycles, down 40% from 106,311 in 2024. Bajaj Mobility expects consolidated sales to be just over 1 billion euro in 2025, down 46% from the previous year.
For the quarter ended Sept. 30, Bajaj Auto reported a net profit of INR 24.80 billion on a revenue of INR 149.22 billion. At 1402 IST, shares of the company were down 0.4% at INR 9,519.50 on the National Stock Exchange. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Sunil Raghu
Edited by Ashish Shirke
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