HeroMotocorp sacks 30 staff, claims they broke code of ethics
New Delhi: The country's largest two-wheeler maker Hero MotoCorp has sacked around 30 employees for violation of the company's code of conduct, according to sources.
The executives were found fudging travel expense bills, accepting personal favours, gifts and other benefits from some of vendors, suppliers and dealers in violation of the company's internal 'code of conduct', the sources said. The executives were given marching orders after "thorough investigations" into the allegations against them, the sources added.
When contacted, a Hero MotoCorp official confirmed the development and said: "All due legal procedures were followed before taking the final action. Third-party independent investigators were appointed to look into these cases once the anomalies were detected in the activity record of these executives".
Hero MotoCorp's management was unanimous in its view that the concerned employees could not continue in the company, once it was established that they had violated the code of conduct, the official said.