Nokia’s Chennai plant, the one in Sri Perumbudur that used to assemble millions of phones, had come to a screeching halt when the Tamil Nadu High Court charged the Finnish company with tax evasion, to the tune of Rs. 3,000 crores. With some of the workers on indefinite leave and near-zero production at the plant, the whole ecosystem was thrown into imbalance, with clueless workers, indecisive management and painfully long court proceedings. With the future looking bleak, Nokia had offered its workers VRS (Voluntary retirement services), and about 5,000 of the ~7,500 employees have opted for it today.
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