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India’s NO 1 Car Maker Company cuts its temporary jobs

Maruti Suzuki has cuts temporary jobs after massive sales dive according to the reports the main reason why a country’s major carmaker has taken this decision.Maruti Zuki sends the Email to news agency Reuters and said that it employed 18,845 temporary workers on average in the six months ended June 30, down 6% or 1,181 from the same period last year. The company also said job cuts had accelerated since April.

From the last couple of months, Maruti is facing a tough time Maruti has also faced a decline in its Q1 profit that reported 27.3 per cent year-on-year decline in its net profit at Rs 1,435.50 crore for the first quarter ended June 30, 2019, dented by lower sales volume and higher depreciation expenses.

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