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Ford India lines up 'non-negotiable' severance package for workers

Warns early closure of unit, legal action against workers starting June 14

Ford's restructuring in India is in line with the global strategy it has embarked on, to exit non-profitable and under-performing markets. As part of this, in January 2021, it exited Brazil.
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Shine Jacob Chennai
Giving a fresh twist to the Ford India employees' strike at the firm's Maraimalai Nagar factory, the company has set the deadline for Monday evening for workers to accept a ‘non-negotiable’ severance package it is offering. It also indicated the possibility of legal action against workers from June 14 (Tuesday) and warned of early closure of the unit, before completing remaining export volume production.

For the past 14 days, some 2,000 employees at the unit had struck work, seeking a better package from the company. Under the new package, for which the acceptance deadline is Monday, employees were offered 115 days