Friday 23 August 2019

Slowdown impact: Ashok Leyland starts staff separation schemes to cut cost


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has introduced Voluntary Retirement Scheme (VRS) and Employee Separation Scheme (ESS) for executive level employees as part of its plan to cut cost to mitigate the slowdown in the industry. Meanwhile, a section of its workers at the shopfloor of its Ennore factory have started protesting over the issuance of bonus.

Source: https://www.business-standard.com/article/companies/slowdown-impact-ashok-leyland-starts-staff-separation-schemes-to-cut-cost-119081601979_1.html

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