News: Bajaj serves ultimatum to its striking workers in Chakan

Employee Relations

Bajaj serves ultimatum to its striking workers in Chakan

Bajaj Auto Ltd has served an ultimatum to the striking employees at its Chakan plant in Pune to return to work in a week, failing which the two-wheeler maker will temporarily shift part of the production to its other factories, Mint reported. “We are losing patience now,” Rajiv Bajaj, MD at Bajaj Auto, told reporters at the company’s headquarters in Akurdi near Pune on Monday. “I cannot stake sales (motorcycle sales) from the plant in the second half as well.”

Bajaj Auto Ltd has served an ultimatum to the striking employees at its Chakan plant in Pune to return to work in a week, failing which the two-wheeler maker will temporarily shift part of the production to its other factories, Mint reported. “We are losing patience now,” Rajiv Bajaj, MD at Bajaj Auto, told reporters at the company’s headquarters in Akurdi near Pune on Monday. “I cannot stake sales (motorcycle sales) from the plant in the second half as well.”

If the workers refuse to get back to work unconditionally, Bajaj Auto will have no option but to shift half of its production at the Chakan plant to Waluj in Aurangabad in a “semi-permanent way” and might have to eventually issue a voluntary retirement scheme (VRS) to half the workforce, Rajiv Bajaj said.

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Topics: Employee Relations, #Corporate

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