GSM telecom operator Aircel is reportedly laying off around 700 staff, which is almost 10% of its pan-India staff strength, as part of the first stage of workforce downsizing ahead of its planned merger with Anil Ambani-led Reliance Communication. The telco plans for the next phase of job cuts in April this year. Aircel is currently in the process of merging its operations with RCom's wireless business to create a... Read More
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