Privatisation may not cause big layoffs at BPCL: Top exec

MUMBAI: State-run BPCLNSE 0.44 %’s management does not expect major layoffs after the proposed privatisation of the oil marketing company as it has been working on having a lean structure for almost a decade now, a top executive of the company told ET.

The workers’ union at BPCL, which is opposing the planned privatisation, has called a two-day nationwide strike on April 20 and 21, when it will be joined by unions of other public sector oil companies. The union has already called two nationwide strikes so far.