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You are Here : M&M lays off 500 temporary workers; puts freeze on hiring

Monday, 03:37

Home-grown auto maker Mahindra and Mahindra has laid off 500 temporary workers at its Chakan plant and put a freeze on hiring for now, says president automotive sector Pawan Goenka. This follows a slowdown in vehicle sales, which has led to rising inventory levels over the past few months across company stockyards and dealers.
JUL 23, 2017
12:29 PM

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