Ford India raises equivalent average days in severance package offer.

Auto Business News-July 5, 2022--Ford India raises equivalent average days in severance package offer

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Auto Business News - 05 July 2022

Ford India, a subsidiary of Ford Motor Company (NYSE:F), has raised the equivalent average days in its severance package offer from the earlier 115 days to 121 days for employees who are supporting production at the Chennai plant.

The automaker has taken this step in a bid to ensure timely settlement for all employees by July 31.

The company has asked the workers' union to engage in a dialogue without any pre-conditions. It stated that it appreciates workers who have supported...

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