Ashok Leyland 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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