Source: Business Insider
One of India's largest automakers, Mahindra & Mahindra (M&M), has slashed nearly half of the redundant job roles at its North American unit even as it remains focussed on building its electric vehicles business. It took these tough measures as it looks to conserve cash and work towards building a leaner organization across global businesses.
According to its official website, MANA employed around 500 people till early 2020, is reported to have slashed over half of the workforce. Reports indicate the positions were cut across various verticals, including engineering staff at its Detroit-based plant.
In a written statement to Business Insider, Mahindra's spokesperson said that even as it realigns its workforce and cuts down on non-core operations, work will continue at its Detroit centre on the "Born Electric" platforms. Mahindra is also preparing to launch the New Roxor 2021, for which they continue to "retain as well as bring in new and relevant skilled talent."