Business Daily from THE HINDU group of publications
Saturday, Mar 21, 2009
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Business Daily from THE HINDU group of publications Saturday, Mar 21, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Cars Corporate - Manpower
Alka Kshirsagar Pune, March 20 Tata Motors’ UK-based subsidiary Jaguar Land Rover (JLR) has initiated a voluntary redundancy programme to cut jobs of 600 of its own salaried employees over the next few months, including 300 from the management grade. This is over and above the reduction of 850 jobs late last year. Replying to an e-mail on the subject, a JLR spokesperson said, “We do currently have a voluntary redundancy programme for 300 management grade employees, which is in process.” He added that the company had also announced a broader voluntary redundancy programme for up to 300 salaried employees that will be introduced over the next few months. Closer home, this is what is usually termed as a voluntary retirement scheme. Staff strengthJLR has around 15,000 employees, of whom approximately one-third are salaried. The exact strength of the management staff could not be ascertained but the spokesperson said that the number was “relatively small”. In November last JLR, which has been on a production cut drive, reduced its requirement for agency support by 850 positions. These were not JLR employees but contracted in from agencies. “This programme was unrelated to other actions involving our own employees,” the company official said, adding, that they were hopeful of achieving the present goal, but if fewer than 300 were to take up the option the situation would be reviewed at that point. As of today, there are no Tata Motors’ employees at JLR and the new parent’s only presence is in the overall governance board where Mr Ratan Tata and Mr Ravi Kant, Chairman and Managing Director, respectively of Tata Motors Ltd, are Directors.
JLR supply chain will collapse without bailout JLR reports a loss of $ 383 million Tata Motors completes Jaguar and Rover buy More Stories on : Cars | Manpower | Human Resources | Tata Motors Ltd
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