RCom Sacks 600 Employees Amid Merger Process With Aircel, MTS
Anil Ambani-led telco, Reliance Communications has reportedly terminated the services of around 600 employees as it streamlines its operations following the ongoing merger with Sistema Shyam Teleservices (MTS India), which is expected to conclude soon. The move to sack employees will result in a leaner organization, according to media reports. RCom currently has over 7500 employees across the country. An ET report, citing sources, said that "retrenchment over the last... Read More