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Maruti Suzuki Shares Fall Over 3% On Temporary Workforce Cut
05 Aug 2019, 09:59 AM IST i

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Marutri Suzuki shares fell over 3 per cent on Monday after the country's largest carmaker cut the number of workers it employs on temporary contracts following a plunge in vehicle sales. The company said it employed 18,845 temporary workers on average during the six months ended June 30, down 6 per cent, or 1,181 people, from the same period last year, adding that job cuts had accelerated since April, according to news agency Reuters...
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