Honda Motorcycle offers voluntary retirement amid demand slowdown
Honda Motorcycle and Scooter India is offering voluntary retirement to employees amid slowing demand due to COVID-19, according to a letter. Employees who are above 40 years or have completed 10 years of service, as of January 31, 2021, are eligible for the scheme. The first 400 employees who opt for retirement would get an additional ₹5,00,000, the company said.