Economy Down, Biscuits Drown: Parle May Fire 10,000 Employees

Here’s a Kaafi Real cartoon on Parle’s plight: “Dooba dooba rehta hoon economy mein teri!”

Uh oh.

(Photo: Aroop Mishra/The Quint)

<i>“Dooba dooba rehta hoon economy mein teri.”</i>

“Dooba dooba rehta hoon economy mein teri.”(Cartoon: Aroop Mishra/The Quint)

Food product giant Parle says it may have to lay off up to 10,000 workers amid slowing economic growth and a sharp drop in the company’s sales. From cars to clothing to even biscuits, India’s economy is witnessing a consumption slowdown, forcing companies to cut production and fire employees.

(Kaafi Real is a series of cartoons on The Quint. You can check out all our other Kaafi Real cartoons here.)