Mahindra cuts over half of North America workforce: Report
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(REUTERS)
. Updated: 13 Jan 2021, 04:18 PM IST Reuters
The sources did not give a figure for the number of jobs lost at the business, which had over 500 employees in early 2020
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CHENNAI/NEW DELHI/DETROIT: Indian automaker Mahindra & Mahindra Ltd has cut more than half of the workforce at its North American unit, two sources familiar with the matter told Reuters, due to the COVID-19 pandemic and an ongoing legal tussle.
The sources did not give a figure for the number of jobs lost at the business, which had over 500 employees in early 2020, according to its website.
Mahindra has cut more than half of the workforce at its North American unit, two sources familiar with the matter told Reuters, due to the COVID-19 pandemic and an ongoing legal tussle.
Indian Automaker Mahindra Cuts Over Half Of North America Workforce: Report
Mahindra has reportedly cut more than half of the workforce at its North American unit due to the COVID-19 pandemic and an ongoing legal tussle. By Reuters | Published:
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Reportedly hundreds of workers had been laid off since mid-2020 as part of a restructuring
Indian automaker Mahindra & Mahindra Ltd has cut more than half of the workforce at its North American unit, two sources familiar with the matter told Reuters, due to the COVID-19 pandemic and an ongoing legal tussle. The sources did not give a figure for the number of jobs lost at the business, which had over 500 employees in early 2020, according to its website. However, one of the sources said hundreds of workers had been laid off since mid-2020 as part of a
Future-Reliance deal: Delhi HC seeks Biyanis and RIL s stand on Amazon plea
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(MINT PRINT)
A bench of Chief Justice D N Patel and Justice Jyoti Singh issued notice to FRL, Reliance Retail and the Biyanis
Amazon in January wrote to Sebi yet again, apprising the market regulator of the formation of the arbitration tribunal at SIAC while urging it to suspend the review of the Future-RIL deal
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The Delhi High Court Wednesday sought response of Future Retail Ltd (FRL) on Amazon s plea challenging the prima facie observations by a single judge that the e-commerce giant s attempt to control the Indian entity was violative of FEMA and FDI rules. A bench of Chief Justice D N Patel and Justice Jyoti Singh heard the appeal.