The Company is rationalising its staff at its Chennai and Hyderabad units.
The Company will also be hiring new employees considering the high demand for its vehicles.
From a 15–16 level hierarchy, the organisation is moving to a five-level one.
Operations managers across the country have been sent e-mails to “right size” their respective teams.
Last week, the English daily discontinued its business bureau in Delhi and Mumbai and syndicated the same to Mint.
The company will carry out an orderly ramp-down, chiefly in India, over the next few months.
There have been several media reports since the evening of March 2, 2016 on the same. One tech website has reported that the retrenchment could be as big as one-third of the total workforce.
Loss of job is undoubtedly an emotional time when people feel alone, scared and vulnerable. It is important for an employer to smoothen the termination process, show compassion and empathy and re-instate trust. The employees must see the decision as a necessity for business rather than a witch hunt!