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MUMBAI, DEC. 6. After filing for bankruptcy protection in the U.S., the Enron Corporation has axed over 150 employees in India but retained the Dabhol Power Company's Managing Director, Mr. K. Wade Cline, and few others on a contract basis as its `core team'.

A DPC spokesperson said the company regrets that it would lay off all its `remaining' employees in India including those based at the site of the $3 billion plant. ``A small core team will be engaged on a contract basis to undertake certain essential activities related to site security, pursuing legal claims and asset preservation, subject to adequate funding being received''.

- PTI

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