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Apollo Tyres to reduce over 500 jobs at Netherlands plant

14 Jul 2020 Evaluate

Apollo Tyres’management and workers of its Netherlands-based plant have reached an agreement to convert the facility to cater to some specific segments, which would affect more than 500 jobs. The agreement between the two parties paves the way for the reduction of 528 jobs at the Enschede-based manufacturing facility.

Apollo Tyres is one of the leading tyre manufacturers in India with its product portfolio spread across tubeless and tube type tyres for cars, suvs, trucks, buses etc.

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Company Name CMP
MRF 125001.55
Apollo Tyres 409.15
JK Tyres & Inds. 348.30
Ceat 3395.00
Balkrishna Inds. 2217.35
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