Honda Motorcycles offers voluntary retirement in India, letter shows


2021-01-06 06:03:49

CHENNAI: Honda Motor Co is offering voluntary retirement to employees of its motorcycles and scooters unit in India amid slowing demand in the country following the Covid-19 pandemic, a company letter shows.
Honda Motorcycles and Scooters India (HMSI), the country’s second-largest manufacturer of two-wheelers, made the offer to “maintain its existence” in a competitive market, it said in a letter to its employees’ union dated January 5.
“The auto industry is going through an exceptionally challenging phase considering the prolonged demand slowdown and economic fallout from the coronavirus crisis,” HMSI said in the letter, which was reviewed by Reuters.
“In these uncertain times, we are aligning our production strategy for improved overall operational efficiency with the objective of long term business sustainability,” it said.
HMSI did not immediately respond to an email seeking comment.



Source link

70 Comments

  1. MarcosEtess March 5, 2021
  2. WesleyUtiff March 5, 2021
  3. Randyabemi March 8, 2021
  4. Michaelhom March 8, 2021
  5. Randyabemi March 9, 2021
  6. Wayneweday March 11, 2021
  7. JeffreyGog March 11, 2021
  8. Wayneweday March 12, 2021
  9. JeffreyGog March 12, 2021
  10. JeffreyGog March 13, 2021
  11. JeffreyGog March 14, 2021
  12. Wayneweday March 15, 2021
  13. JeffreyGog March 15, 2021
  14. Stanleycak March 16, 2021
  15. Ricardomus March 17, 2021
  16. Stanleycak March 17, 2021
  17. Ricardomus March 18, 2021
  18. ThomasHaf March 18, 2021
  19. Ricardomus March 19, 2021
  20. ThomasHaf March 19, 2021
  21. Ricardomus March 20, 2021
  22. ThomasHaf March 20, 2021
  23. MarvinHag March 22, 2021
  24. ElmerJearo March 22, 2021
  25. MarvinHag March 23, 2021
  26. ElmerJearo March 23, 2021
  27. MarvinHag March 25, 2021
  28. Jasoncok March 25, 2021
  29. MarvinHag March 26, 2021
  30. Jasoncok March 27, 2021
  31. MarvinHag March 27, 2021
  32. MarvinHag March 28, 2021
  33. Jasoncok March 29, 2021
  34. VictorJonge March 29, 2021
  35. VictorJonge March 30, 2021
  36. Scottrhync March 31, 2021
  37. Frankhem April 1, 2021
  38. Scottrhync April 2, 2021
  39. Frankhem April 2, 2021
  40. Scottrhync April 3, 2021
  41. Charlesget April 4, 2021
  42. Stevenstazy April 5, 2021
  43. Charlesget April 5, 2021
  44. Stevenstazy April 6, 2021
  45. Charlesget April 7, 2021
  46. Alfredted April 7, 2021
  47. Alfredted April 8, 2021
  48. BillyViz April 8, 2021
  49. Alfredted April 9, 2021
  50. HarryShife April 10, 2021
  51. JamesBrivy April 10, 2021
  52. HarryShife April 11, 2021
  53. Timothyjak April 11, 2021
  54. JamesBrivy April 11, 2021
  55. Timothyjak April 12, 2021
  56. Robertovob April 14, 2021
  57. JamesBrivy April 15, 2021
  58. Robertovob April 15, 2021
  59. Robertovob April 16, 2021
  60. JamesBrivy April 16, 2021
  61. Robertovob April 17, 2021
  62. Rafaelweilk April 17, 2021
  63. Roberttoike April 18, 2021
  64. Rafaelweilk April 18, 2021
  65. Roberttoike April 19, 2021
  66. Rafaelweilk April 19, 2021
  67. Roberttoike April 20, 2021
  68. Rafaelweilk April 20, 2021
  69. RichardPlubs May 6, 2021
  70. RenaldoMogma May 12, 2021

Leave a Reply