Indian automaker Mahindra cuts over half of North America workforce: Report
As per sources, Indian automaker Mahindra & Mahindra Ltd has cut more than half of the workforce at its North American unit. This has been done due to the Covid-19 pandemic and an ongoing legal tussle. Exact figures have not been revealed.
Positions include engineers and manufacturing jobs at its plant in Detroit that produces the off-road vehicle Roxor, as well as sales executives.
The cuts come as Mahindra reviews its businesses in a drive to conserve capital and retain only those that make money or have the potential to be profitable.
MANA said in a statement it had furloughed some staff and laid off others due to the pandemic and an International Trade Commission lawsuit which led to an August "cease and desist" order for the Roxor business. It did not provide figures.