The carmaker has taken this decision after registering a decline in profits for the fourth consecutive year
![]()
Hyundai Motors has announced that it is going to reduce costs by cutting down on business class flights and annual family visit trips for its employees. The car manufacturer has announced that it will also be cutting down on printing costs as well as encourage its employees to utilise video conferencing as a cheaper alternative to travelling. The carmaker will be resorting to these measures owing to a decline in profits for the fourth consecutive year.
STORY CONTINUES BELOW THIS AD According to a Reuters report, executives of Hyundai Motor Group have taken a 10 per cent…
 "Hyundai Motor aims to cut costs")
 "Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment")
 "From governance to tourism, how Gen-Z protests have damaged Nepal")
 "Did Russia deliberately send drones into Poland’s airspace?")
 "Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike")
 "Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment")
 "From governance to tourism, how Gen-Z protests have damaged Nepal")
 "Did Russia deliberately send drones into Poland’s airspace?")
 "Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike")
