Tag: Company

Ford, Mahindra could launch new JV company: Pros and cons of the joint-venture

Lili

Ford-Mahindra joint venture is likely to be finalised in the next three months Ford Motor Company and Mahindra & Mahindra are nearing the close of a deal to form a new joint-venture company in India. According to a Reuters report, this deal will likely be the end of the American car manufacturer’s independent operations in the country. The move will make Ford the latest car manufacturer to pull back on its operations in India, joining the likes of General Motors which stopped selling in the Indian market in 2017. Ford has invested more…

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Company makes staff crawl on street as punishment in China, video is viral

Lili

A company’s bizarre punishment for employees who couldn’t meet the targets set out for them has left many on the Internet in shock. Videos circulating online show employees of the company being forced to crawl on a busy street as punishment for not achieving their year-end targets. The clips have gone viral and collected a ton a reactions from netizens. The incident took place in Zaozhuang, China’s Shandong Province on January 14. The video shows women, who reportedly work for a company that sells beauty products, crawling down a busy…

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