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TOASO.E — Tofas Turk Otomobil Fabrikasi News Story

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Brief: Tofas Says Its Total Number of Employees Declines 13% Compared To End of September Due To Voluntary Resignations and Layoffs

Dec 9 (Reuters) - TOFAŞ TÜRK OTOMOBİL FABRİKASI
 TOASO.IS :
    * SAYS TOTAL NUMBER OF EMPLOYEES FALLS TO 4,593; A DECREASE
OF 13%
COMPARED TO TOTAL NUMBER OF EMPLOYEES AS OF LAST PUBLICLY
DISCLOSED BALANCE SHEET DATE DUE TO IMPACT OF EMPLOYEES WHO HAVE
BECOME ELIGIBLE FOR RETIREMENT AND/OR VOLUNTARILY RESIGNED, AS
WELL AS THOSE WHOSE EMPLOYMENT CONTRACTS WERE TERMINATED AS PART
OF PRODUCTION PLANNING
    * LEGAL PAYMENT AMOUNT TO BE MADE TO THE AFOREMENTIONED
DEPARTING
EMPLOYEES HAS BEEN CALCULATED AS APPROXIMATELY 330 MILLION LIRA


        
 Source text for Workspace:  urn:newsml:reuters.com:*:nIKA8tdxVq
 Further company coverage:  TOASO.IS  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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