Auto Slowdown Causing Job Losses, Temporary Factory Workers Face The Axe | Read
The domestic passenger vehicle industry is witnessing worst performance in the last two decades and the prolonged slowdown is now causing job losses. The auto components industry alone employs 50 lakh people and 10 lakh of those are set to get affected. Contractual labourers have become the first victims of the slowdown. 26 year old Gurmeet Singh who hails from Jalandhar in Punjab was sacked from an auto components factory in Gurugram in February where he had been working for two years and earning Rs. 8,000 a month as a contractual labourer. For the last five months he has been running around for jobs but to no avail.
