Shut Down: HR News, Trends & Workplace Insights

Latest Shut Down HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Shut Down.

Updated on: May 2021
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Atlas Cycles shuts down Sahibabad unit, laid off all workforce
Industry

Atlas Cycles shuts down Sahibabad unit, laid off all workforce

After years of losses incurred from its Sahibabad factory in Uttar Pradesh, Atlas Cycles has decided to shut down the unit on 1 Jun 2020. After consideration of the above matter and detailed deliberations, the board of directors of the company has resolved to close the Sahibabad unit and the company informed the National Stock […]

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Hyundai, Ford, and Bajaj temporarily shut down plants
Coronavirus

Hyundai, Ford, and Bajaj temporarily shut down plants

Amidst Coronavirus outbreak, India’s major automobile companies like Bajaj Auto, Ford Motor, TVS Motor, and Renault-Nissan, etc have announced the temporarily shut down of their manufacturing plants. Two-wheeler major TVS Motor Company in a statement said, “In view of COVID-19, and considering the safety and well being of its employees, the company as an interim […]

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