News Brief | November 2015
Vedanta Group cuts 4,000 jobs in India so far in 2015
Metals and mining conglomerate Vedanta Resources, has slashed nearly 4,000 jobs (about 2,700 direct) across its Indian arms Vedanta Aluminium, Balco, Cairn India and Sesa Goa in the country since January 2015.
Balco accounts for 1,000 job cuts and Vedanta Aluminium for around 2,000, while Sesa Goa as well as Cairn India has already slashed up to 450 jobs each, so far.
While Vedanta Aluminium, Balco and Cairn India confirmed the job cuts, sources said Sesa Goa too had slashed jobs.