Now Tata Motors to float VRS plans

Now Tata Motors to float VRS plans

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Tata Motors is working on a VRS plan for 1,600 employees across locations.
The golden handshake is said to be aimed at trimming headcount in engineering, but rationalisation may happen across the board, including the R&D team.
Plus, senior consultants may not see their contracts getting renewed.
The move comes on the heels of a disappointing September quarter: Tata Motors posted a net loss of ₹1,282 crore and employee cost as a percentage of net sales nearly doubled.

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flushed Home Grown Company Going Like This.

But VRS Also Given Previously Also In Tata Motors.

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