INDIA: Ashok Leyland to axe 1,000 staff
The Hindu Business Line reports that Ashok Leyland, manufacturer of commercial vehicles, said on Monday that it planned to reduce its workforce by around 1,000 during 2003-04. "We had reduced our strength from 15,300 six-seven years ago to 11,900 now. We will probably have to reduce by another 1,000," the managing director R. Seshasayee, told press on the sidelines of `Tele Trans 2003', a conference on telematics in transportation in Bangalore.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable