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Over 3,000 temporary jobs cut due to slowdown: Maruti Suzuki

Saturday, August 17, 2019, 9:39 AM

Over 3,000 temporary employees have lost jobs with the country's largest carmaker Maruti Suzuki India (MSI) due to the ongoing slump in the automobile industry, a top company executive has said. MSI Chairman R C Bhargava said contracts of the temporary workers were not renewed due to the slowdown while asserting that permanent workers have not been impacted.
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Madhya Pradesh to enact law to reserve 70% jobs for locals: Kamal Nath

Thursday, August 15, 2019, 12:17 PM

Madhya Pradesh Chief Minister Kamal Nath on Thursday said his government will bring a law to reserve 70 percent jobs in industrial units for people from the state. Addressing a gathering at the state's main Independence Day function, he stressed on the need to generate employment for the youth by attracting investments.
 
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Worst Downturn Ever For Indian Auto Industry, 350,000 Lay-Offs: Report

Wednesday, August 7, 2019, 12:32 PM

Slumping sales of cars and motorcycles are triggering massive job cuts in the auto sector, with many companies forced to shut down factories for days and axe shifts, multiple sources said. The cull has been so extensive that one senior industry source told media that initial estimates suggest that automakers, parts manufacturers and dealers have laid off about 3,50,000 workers since April.

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