MUMBAI: Tata Motors said it has reduced its managerial workforce by up to 1,500 people domestically as part of an organisational restructuring exercise “The reference (total managers) on which we started (the exercise) was in the vicinity of 13,000...we do see as far as the white collar population is concerned, an overall reduction in the vicinity of 1012% (up to 1,500),“ managing director and chief executive Guenter Butschek said.The company joins a growing number of organisations adopting such strategies for a variety of reasons, ranging from cutting the flab to automation. These job cuts, which have led to concerns on `jobless economic growth' in various quarters, have been across multiple sectors, including capital goods, banking & finance, and information technology .Engineering, procurement and construction major Larsen and Toubro had announced shedding of 14,000 jobs in the first half of FY17, HDFC Bank has also reduced its workforce by over 10,000 in the second half of FY17 alone.In the IT segment, the country's largest private sector employer, some estimates have pegged the job losses at over 50,000. The Tata Motors management, however, said blue collar or worker jobs have not been impacted as part of the exercise.