Business

Consolidation wave in the telecom sector crisis over 25,000 jobs

Written by Anuj Prajapati

Like many other people in the telecom industry is noted that each of them losing their jobs. You can say a wave of consolidation in the telecom industry value till then.

The differences between the talk of experts and industrial executives. Telecom companies have spent over 4 to 4.5 per cent of revenue staff But it would kill the Sales and Distribution segment.

vodafone-idea

Sales and distribution cost companies revenue up 22 percent. Annual industry revenue is estimated to be Rs 13 lakh crore. Staff costs Rs 34,000-35,000 crore. There is no doubt that working in the head office and the Circle (office) is a sword hanging over layoffs in fact.

This 10,000-25,000 people could lose their jobs. On the other hand, the number of people who are affected, people who are associated with indirect business could reach 1 million.

According to the report, though a reputable newspaper dozen analysts, recruiters and company executives are not asking that the telecom sector over the job assure employees threatened.

After integration, operations, workforce, infrastructure will focus on maximum consumption, eliminating the need for about 25 percent of the workforce. The Indian telecom industry is in the form of direct and indirect employment of over 3 million people.

 

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Anuj Prajapati

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