Famous Atlas Cycles shuts down, 700 people lose jobs
HARYANA: The famous bicycle company Atlas (Haryana) shutdown its services due to the lockdown crisis. According to the sources, the Atlas company pasted a notice at Sahibabad, Haryana citing laid off 700 employees temporarily. Reports said that the company mentioned that it is not in a position to restart the work after a severe loss due to the Coronavirus pandemic and added that it is not in a position to purchase the manufacturing material.
With this decision, hundreds of employees lost their jobs and alleged that the company previously closed its branch at another location citing some reasons. Click the video for more information.
Sat, Jun 06, 2020, 09:01 AM
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