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Ford Motor Company has announced plans to eliminate up to , jobs at its electric vehicle EV pr...
Ford Motor Company has announced that most of its global salaried workforce will be required to work...
The largest U.S.-based independent manufacturer, TPI Composites appoints Rajaram K as Director- Huma...
An AI-powered multi-cloud governance solution company, CoreStack has announced the appointment of Raj Raghavan as Chief Human Resources Officer (CHRO). To meet this growth need, Raj Raghavan will lead CoreStack’s HR function globally, crafting talent acquisition strategies and continuing to promote CoreStack’s values-driven culture. Raj joins the company with extensive management experience at Amazon, GE, […]
Tata Motors has said the acquisition of Ford India’s manufacturing plant at Sanand through its subsidiary will be completed on January 10, 2023. “With existing capacities near saturation, this acquisition will unlock an additional state-of-the-art manufacturing capacity of 3,00,000 units per annum which is scalable to 4,20,000 units per annum,” the company said. Additionally, TPEML has […]
Ford India, the subsidiary of United States-based automaker Ford on Thursday said it has arrived at a settlement with the employees union on the severance package following the company’s decision to shut its Tamil Nadu plant as part of a restructuring exercise. Accordingly, the company would revise the final severance settlement to an average equivalent […]
The automaker, Ford Motors has confirmed that it is cutting about 3,000 jobs from its global workforce which was being speculated for a long time. The company plans to cut 3,000 jobs across the U.S., Canada, and India, it said in a letter to employees on Monday. The company describes the reductions as part of […]
Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors, and Ford India Private Limited (FIPL), on Sunday, signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings. (ii) Vehicle Manufacturing Plant along with machinery and equipment situated therein. […]
Ford Motor Company is planning to lay off nearly 8,000 employees in the coming weeks to boost funds in the electric-vehicle market. The layoffs are said to help wean Ford off ICE production and use those funds to further invest in EV development. The layoff plans may come in phases and are likely to begin this summer. Chief […]
The Ford India plant will shut down soon. About 2,000 workers of Ford India Pvt Ltd’s plant are hoping for some good news from the management in respect of their severance package. According to Union officials, around 1,000 workers are inside the Ford India plant at Maraimalainagar and about 700 are outside the gates. The workers of this […]
Renault Nissan’s south India plant staff to stay away on Monday Workers at the Renault Nissan plant in southern India will not report for work on Monday over coronavirus-related safety concerns, according to a union letter to the company seen by Reuters, and two sources familiar with the matter. Ford and Hyundai have also shut plants in […]
