News: JSPL slashes 750 jobs

Strategic HR

JSPL slashes 750 jobs

After suffering consolidated loss of Rs 1675 crores for the third consecutive quarter, JSPL has slashed 750 jobs. The losses are primarily due to the penalties that Supreme Court has imposed to the company on coal block allocation. The company currently has approximately 15000 employees.

After suffering consolidated loss of Rs 1675 crores for the third consecutive quarter, JSPL has slashed 750 jobs. The losses are primarily due to the penalties that Supreme Court has imposed to the company on coal block allocation. The company currently has approximately 15000 employees.

Read the Financial Express news report here

Read full story

Topics: Strategic HR, #Current, #Corporate

Did you find this story helpful?

Author

QUICK POLL

What is your top focus area for reinventing work in the hybrid world of work?

How can we prepare for a challenging 2023?

READ our latest issue for tips and suggestions.