Second round of VRS from Ashok Leyland

By Our Special Correspondent

CHENNAI, NOV. 2. Commercial vehicle manufacturer Ashok Leyland is in the process of putting in place one more voluntary retirement scheme.

The management is reported to have already initiated parleys with the workers' union on structuring the proposed VRS. Efforts are also under way to `sensitise' workmen on the excess manpower and the need to trim labour especially at a time when the automobile industry, in general, is facing a tough business environment.

Though the move is primarily aimed at right-sizing the Ennore facility, management sources have indicated that the new VRS could cover workers across all plants of Ashok Leyland.

``A clear picture is still to emerge. Various options are now being evaluated," a ranking company official told The Hindu.

It is gleaned that the management is hoping to cut labour by little over 1,000 through the proposed VRS. Sources said this time around the management could come out with an attractive package.

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Section  : Business
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