Telecom consolidation in India will lead to massive layoffs: Report
The ongoing consolidation drive will lead to massive layoffs in the Indian telecom industry with as many as a third of over three lakh employees becoming redundant in the next 18 months as consolidation plays out, according to an ET report. The Economic Times, citing various experts and executives, reported that massive job losses are inevitable as telecom operators merging operations will streamline their respective businesses to remove redundancy and... Read More