Home / News / India News / Article /
Slowdown woes: Parle may lay off 10,000 employees
Updated On: 21 August, 2019 06:15 PM IST | | IANS
Companies like Hindustan Unilever, Nestle have reported weak growth owing to the slowdown in consumption
Listen to this article :
This picture has been used representational purposes only
Popular Indian biscuit maker Parle Products may cut up to 10,000 jobs owing to the prevailing macro-economic situation, according to a company executive.
Rural distress has taken a heavy toll on fast-moving consumer goods (FMCG) sales for the past few quarters. Companies like Hindustan Unilever, Nestle have reported weak growth owing to the slowdown in consumption.
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT