MoneyWorks4Me

DLF redeploys 1,100 employees during 2012-13

19 Jul 2013 Evaluate

Post outsourcing its construction and facility management activities, Realty major DLF has reduced its employee strength by 1,100, or about 30%, during 2012-13. The company was left with 2,600 employees at the end of 2012-13 as against 3,700 employees at the end of 2011-12. However, 1,100 employees have not been laid-off but have been redeployed to the outsourcing firms.

In a bid to avoid delays, country's largest realty firm outsourced construction for its current and upcoming projects to contractors such as Larsen and Toubro.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
View more..