Vedanta mulls Odisha layoffs
20 Dec 2012 6:01 AM IST
Anil Agarwal-led Vedanta Resources' subsidiary Vedanta Aluminium Ltd said on Wednesday that it is considering up to 100 job cuts in the next two months at its recently shut Lanjigarh facility in Odisha. VAL had shut down its 1 million tonne (mt) alumina refinery at Langigarh in Odisha’s Kalahandi district on December 5 after being unable to secure bauxite despite concerted efforts.
‘Yes, we are considering laying off at our alumina refinery in Odisha within two months,’ confirmed VAL President and Chief Operating Officer Mukesh Kumar.
‘We have not analysed the numbers right now,’ he said but added that it may be anything ranging from 10 to 100’. The plant at present employs about 550 people. A Vedanta official, who did not wish to be identified, said that the closure of the unit would impact the livelihood of about 7,000 locals.
‘Yes, we are considering laying off at our alumina refinery in Odisha within two months,’ confirmed VAL President and Chief Operating Officer Mukesh Kumar.
‘We have not analysed the numbers right now,’ he said but added that it may be anything ranging from 10 to 100’. The plant at present employs about 550 people. A Vedanta official, who did not wish to be identified, said that the closure of the unit would impact the livelihood of about 7,000 locals.
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