Telecom Industry to Suffer 70,000 Job Losses Due to COVID-19

Published by
Shrijan Soni

The outbreak of Coronavirus has disrupted various sectors of the economy. Nearly, every sector like Travel and Tourism, Automobile, Aviation Industry and many more have been facing constant financial burden due to the spread of COVID-19. As the government has imposed a lockdown period, normal operations of the sector have been hampered, which have disturbed the operating incomes. Telecom industry is one of the major sectors, which is facing a significant impact due to the outbreak of Covid-19. As reported by ET Telecom, Telecom Industry might suffer 70,000 job losses, and if the demand of the telecom sub-sectors will fall, more job losses can be witnessed in the industry.

Total Manpower of the Telecom Industry is 20 Lakhs

Aditya Narayan Mishra, who is the director and CEO of CIEL HR Services, stated that the telecom industry has a total manpower capacity of 20 lakhs. The job profiles include operators Infra Providers, Data Centres and Handsets. It is expected that major job losses would happen in the areas of operators, tech solutions due to cost optimisation drive. The estimated loss of manpower due to Covid-19 is expected around 70,000.

Lower Demand of Handsets Will Increase Job Losses

Due to the lockdown period, manufacturing units have been shut down to stop the spread of Covid19. It is also expected that the demand for new handsets will decrease due to the deadly virus. If the expectations are true, the telecom industry will suffer more job losses. Nearly, 700,000 manpower is deployed in the handset manufacturing sector.

Demand for Voice and Data Services Have Increased

Since the government has announced the lockdown period, people have been working from home and relying on various OTT platforms for their entertainment. Due to increased entertainment and work needs, the demand for voice and data services have been drastically increased. Telecom operators have been facing massive traffic on their network towers. However, they have been doing their best to provide seamless telecom services amidst challenging times. Telecom operators are enhancing and adding new network towers to cater to the growing demand for voice and data services in India. Also, telecom operators are offering a variety of benefits to their subscribers to help them stay connected with their loved ones.

Shrijan Soni

Shrijan loves the process of creating content in various verticals, whether it be words, sounds or videos. He's also inclined towards digital marketing and tech industry developments. The art of creation always triggers his interest.

Published by
Shrijan Soni

Recent Posts

Jio, Airtel, VIL, and Adani Receive Demand Notices from Telecom Department

All four businesses that purchased spectrum in the recently finished auction have received demand notices…

TRAI New Consultation Paper is on Utilising Big Data and AI

The telecom regulator released a consultation paper on Friday in an effort to gather feedback…

OnePlus 10T vs iQOO 9T: Differences You Should Know

In the race to become the next flagship competitor, the recently released OnePlus 10T and…

Vodafone Idea Investors – Know this Before Market Opens on Monday

Vodafone Idea (Vi) has been in the conversation since the time 5G spectrum auctions started.…

BSNL Needs to Get Going, Govt has Done its Part: Opinion

Bharat Sanchar Nigam Limited (BSNL) needs to get going after the bailout package that the…

WhatsApp Developing a Security Feature Related to Login Approval

WhatsApp is including a new security feature that would enable users to shield their accounts…

OnePlus Will Bring Back Alert Slider with Future Flagship Devices

By now, you must be aware that the OnePlus 10T, the company's first flagship device…

Xiaomi 12 Pro and OnePlus 10R Available at Superb Prices on Amazon

For a little time, the Xiaomi 12 Pro and the OnePlus 10R 5G are less…

Vodafone Idea Network Capacity 2.9 Times More than September 2018

The demand for data has grown significantly in the last few years. With many people…