Thirty five employees of Zimdra Automobiles have been laid off beginning last month. Most of them were working in the sales department.
The Management said they were asked to leave because the business had slowed down ever since the vehicle import ban was imposed in March last year.
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The Chairman of Zimdra Industries, Ugen Tshechup Dorji, said they tried to keep the employees as long as they could. He said with the indication they were getting from the government that the ban would continue they had no option but to let the employees go.
According to the Royal Monetary Authority’s Deputy Governor, Pushpa Lal Chettri, the suspension of vehicle import could continue for another six to seven months.
