2 lakh laid off in last 3 months by auto dealers, says FADA

-PTI

Job cuts may affect technical staff too, says dealers’ association

Around two lakh jobs have been laid off across automobile dealerships in the country in the last three months as vehicle retailers attempt to tide over the impact of the unprecedented sales slump, according to industry body FADA.

With no immediate signs of recovery, the Federation of Automobile Dealers Associations (FADA) fears that the job cuts may continue with more showrooms being shut in the near future and sought immediate government intervention such as reduction of GST to provide relief to the auto industry.

“The majority of job cuts have happened in the last three months... It started around May and continued through June and July,” FADA President Ashish Harsharaj Kale told PTI.

“Right now most of the cuts which have happened are in front-end sales jobs but if this (slowdown) continues, then even the technical jobs will be affected because if we are selling less, then we will also service less, so it is a cycle,” he added.

Please click here to read more.

The Hindu, 4 August, 2019, https://www.thehindubusinessline.com/economy/dealers-lay-off-2-lakh-workers-to-tide-over-slump-in-auto-sales/article28814734.ece?homepage=true

Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later