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Lanco Infratech Ltd Trims Workforce By 15-20%-Business Standard
Business Standard reported that Lanco Infratech Ltd has trimmed its workforce by about 1,400 people in the last 14 months, a senior company official said on February 13, 2013. Lanco Infratech Chief Operating Officer (Finance) T Adi Babu said there has been reduction of 15-20% in its workforce over the last 14 months. According to him, before the reduction, the total number of employees stood at around 8,000.
Latest Developments for Lanco Infratech Ltd
- Lanco Infratech Ltd Trimming Staff By 20% To Reduce Cost-Business Line
- Lanco Infratech Ltd To Sell Stake In Three Power Units For INR2500 Crore (INR25 billion)-The Economic Times
- Lanco Infratech Ltd Signs Up For $2 Billion From Chinese Banks, FIs For 2 Power Projects-Business Line
- Lanco Infratech Ltd Seeking To Raise $750 Million By Selling Minority Stake In Power Business-DJ
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