Ford extends production at Chennai to end-July
Talks continue with the union to arrive at a compensation acceptable to all employees
Talks continue with the union to arrive at a compensation acceptable to all employees
However, according to sources, the truce at Ford's Chennai plant is only a temporary one.
Employees are also unhappy with the severance package that the company is offering.
Workers want the state government’s intervention to get a good severance deal.
The MoU is subject to the signing of definitive agreements and receipt of relevant approvals.
With the company finalising its India exit plans, it is going to be a rough road ahead for the Chennai workforce.
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