Business

No plan to reduce headcount due to slowdown: Tata Motors

No plan to reduce headcount due to slowdown: Tata Motors

TIL Desk/Business/New Delhi/ Tata Motors is not looking to reduce workforce due to the ongoing slowdown in the domestic market, as it expects things to get better amid a wave of new products lined up for the launch over the next few months, a top company official has said.

According to its website, the automobile major currently employs about 83,000 persons with presence across commercial and passenger vehicles.”We do not have such kind of plan,” Tata Motors Chief Executive Officer and Managing Director Guenter Butschek told.

when asked if the company was looking at rationalising its workforce owing to a prolonged downturn in the domestic automobile industry. He added that if the company would have liked to take such a step then it would have taken it already. “We are now for 12 months in crisis. If I would have liked to pull the trigger, I would have done it earlier,” Butschek said.

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