Indian automobile company and owner of Jaguar Land Rover, Tata Motors is reportedly planning to cut 1,100 temporary jobs as it moves ahead with cost-cutting measures as the coronavirus pandemic hits at the company’s revenues. Tata Motor’s Chief Financial Officer PB Balaji recently said that Tata Motors expects to save 5 billion pounds in costs…
As the coronavirus pandemic affects business revenues and future plans due to uncertainty of the economic environment, organizations have started to give their employees salary cuts to conserve cash during the crisis. Joining the likes of many other companies, Tata Sons have also decided to move ahead with salary cuts for its top brass. For…
As India witnesses, a spike in coronavirus positive cases, organizations around the country have started increasing their precautionary measures to safeguard their employees during the time of a pandemic. The novel coronavirus, which originated in the Wuhan City of China is now spreading really fast in the state of Maharashtra. Responding to the increasing tensions…
Statement on Coronavirus Demand: Jaguar Land Rover sales in China grew on average about 25% year on year for the 6 months from July through December 2019 and we continued to see strong growth for the first 3 weeks of January. The coronavirus has significantly impacted China sales with February retails down around 85% vs…