Overview
- Reductions will primarily affect salaried staff and middle management, with an entire management layer to be eliminated.
- The company has submitted or will submit early‑warning notices to Austria’s AMS, and an employment foundation funded by Upper Austria and AMS is planned for affected workers.
- Roughly two‑thirds of the job losses are expected in Austria, with the cuts equating to more than one in eight positions from a workforce of about 3,794–3,800 at year‑end.
- Employees will begin receiving individual notifications from mid‑February, and most reductions are expected to occur via layoffs given the timeline, with completion targeted in the second half of the year.
- The moves follow Bajaj’s majority takeover and rebranding of Pierer Mobility as Bajaj Mobility AG with a seat shift to Mattighofen, as the group expects 2025 revenue just above €1 billion, reports a 100,000‑unit inventory drawdown, and plans to release preliminary results on January 29.