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    Honda Cars India offers VRS scheme to its office associates as part of right-sizing

    Associates over 40 years of age or the ones who have completed five years of service at the company are eligible for this scheme.

    Synopsis

    The maker of popular sedans had offered a voluntary retirement scheme to its plant workers in January-February and now has initiated a similar scheme for its office associates starting July 24th.

    Mumbai | Delhi: Japanese carmaker Honda Motor’s Indian subsidiary has embarked upon an aggressive “right-sizing” of its workforce, at a time when sales almost halved in the last one year.The maker of popular sedans - Honda City and Honda Amaze - had offered a voluntary retirement scheme to its plant workers in January-February and now has initiated a similar scheme for its office associates starting 24th of July. This scheme will be applicable
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    The Economic Times