Tata Motors in Jamshedpur, India. 200 workers protested for back pay, among other things, on... [+]
It's been a dramatic weekend for Indian conglomerate Tata.
On Saturday, police have been sent to the Tata Motors assembly line in Jamshedpur, a company town if there ever was one, as the Tata-city is facing labor unrest. Oddly, newcomers to Tata are battling for more wages. Guys, this is no way to get hired long term.
Regardless, 200 trainees created a human barricade at the Tata Motors entrance today in protest of higher wages and more time off.
"We have not been given any grade in the company and our wages are even less than a laborer," one of the trainees told The Economic Times. He was described as sitting in front of the main entrance for over two hours with other protesters. Police arrived and dispersed the group within about two hours.
Tata Motors officials said the main issue behind the protest was the demand to adjust holiday pay.
Tata's flagship enterprise, Tata Steel, also announced labor news on Saturday. It's reducing its headcount by 1,200...in the U.K.
The job cuts will hit its plant in Scunthorpe, England, which employs 3,000 people and is the biggest steelworks in Britain. Jobs will will also be shed two plants in Scotland -- Clydebridge and Dalzell --the BBC reported today.
The layoffs may be seen as a positive for Tata Steel stocks, traded on the Bombay Stock Exchange. Tata Motors will be unfazed by the trainee protest.
