KTM’s workers will go unpaid in December, r🐟eports from 🌌the Upper Austrian Chamber of Labour have revealed.

The Austrian manufacturer had promised a 90 per cent advance on December pay to its employees, but has now backtracked on that promise, reportedly leaving the pa𝓰yment of the salaries and wages meant for December until 2025, and under the responsiܫbility of the insolvency compensation fund.

“Before Christm🎶as, KTM wanted to transfer a 90 perce♛nt advance of December wages and salaries to the employees,” a statement from the Upper Austrian Chamber of Labour reads.

“This had been assured to the employees. However, nothin꧟g w𝐆ill come of it now!

“The insolvent companᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚy from Mattighofen is apparently unable to carry out the pr🌌omised transfers.”

President of the Upper Austrian Chamber of Labour, Andreas Stangl, added: “Now the 🦋November wages and salaries as well as the Christmas bonus have not been paid. And now, shortly before Christmas, this news!

“There is simply no more hꦓandshake quality in the management of KTM.

“We as the Chamber of Labour will definitely do everything we can to ensure that employees receive their outstanding claไims via the insolvency remuneration fund as quickly as possible.”

A joint statement from the chaiღrmen of the PRO-GE and GPA unions, respectively Reinhold Binder and Barbara Tieber adds: “The fact that, contrary to the company's promises, the outstanding wages and salaries will not be paid out before Christmas is like𒐪 a slap in the face of those affected.

“They are now paying⛎ the bill for apparently misguided management decisions.

“It will certainly still have ༒to be examined in detail how such a dramatꦜic situation could have come about and who is responsible for it.

“We will now do everything we can to ensure that employees quickly receive their claims from the insolvency remuneratio♑n fund and will accompany them through these difficult days 🅠and weeks.

“The example of the KTM insolꦜvency shows once again how important this fund, which is financed from the so-called non-wage labour costs, is for affected employees.”