The Indian answer to Enron

Posted By Gid | September 23, 2008

From the Times of London:

CEO murdered by mob of sacked Indian workers

Corporate India is in shock after a mob of workers bludgeoned to death the chief executive who sacked them from a factory in a suburb of Delhi.

Lalit Kishore Choudhary, 47, the head of the Indian operations of Graziano Transmissioni, a manufacturer of car parts that has its headquarters in Italy, died of severe head wounds on Monday after being attacked by scores of laid-off employees, police said. The incident, in Greater Noida, followed a long-running dispute between the factory’s management and workers demanding better pay and permanent contracts.

It is understood that Mr Choudhary, who was married with one son, had called a meeting with more than a hundred former employees who had been dismissed after an earlier outbreak of violence at the plant. He wanted to discuss a possible reinstatement deal.

A police spokesman said: “Only a few people were called inside. About 150 people were waiting outside when they heard someone from inside shout for help. They rushed in and the two sides clashed. The company staff were heavily outnumbered.”

Read the rest at http://www.timesonline.co.uk/tol/news/world/asia/article4810644.ece

One Response to “The Indian answer to Enron”

  1. Guy Smylie Says:
    September 24th, 2008 at 9:26 am

    That’s why you don’t fire anybody on Monday…AND you have more than one person responsible for the firings!

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