Birla VXL plans to cut workforce at garment unit

Birla VXL plans to cut workforce at garment unit

By Reuters

Mumbai: Textile firm Birla VXL Ltd said on 13 September it is looking to reduce the workforce at its garment making unit at Faridabad near Delhi due to adverse market conditions.

The unit accounts for 5% of total revenue, it said in a statement. It is also weighing options to strengthen its core operations at Jamnagar in Gujarat.

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