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Reuters exclusively reports tens of thousands losing jobs as India's auto crisis deepens

Reuters exclusively reports tens of thousands losing jobs as India's auto crisis deepens

Reuters reported exclusively that slumping sales of cars and motorcycles are triggering massive job cuts in India’s auto sector, with many companies forced to shut down factories for days and axe shifts. The cull has been so extensive that, according to a Reuters source, initial estimates suggest that automakers, parts manufacturers and dealers have laid off about 350,000 workers since April.