Sesa Goa may fire 1,000 Goa workers as mining ban cripples business

Mar 12 2014, 11:05 IST
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Sesa Sterlite, a unit of Vedanta Resources controlled by billionaire Anil Agarwal, is aiming to eliminate 1,000 of its 2,500 workers. Sesa Sterlite, a unit of Vedanta Resources controlled by billionaire Anil Agarwal, is aiming to eliminate 1,000 of its 2,500 workers.
SummarySesa Goa, the country's biggest iron ore exporter till recently, plans to fire 40% of its workforce.

bonuses have also been deferred.

“We expect companies to show empathy for their workers,” said Christopher Fonseca, general secretary of the All India Trade Union Congress, which had challenged Sesa’s lay-off notice before the federal labor secretary. “They have nothing to fall back on.”

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