Android Century
  • Home
  • Android Zone
    • Android Apps
    • Android Games
    • Apps APk Files
    • Games Apk Files
    • Apps Hack Tricks
  • Reviews
  • Fantasy Zone
    • Entertainment
    • Quotes and Status
    • Life Style
    • Home Made Tips
    • Hair Care
    • Skin Care
    • Fantasy Tips
  • Tricks
    • Free Recharge
    • Free Internet
    • shopping Cashback
    • Recharge Cashback
  • Tech
  • Mobiles
  • Gadgets
  • News
  • How To's
  • Software
Breaking
Loading...

Featured post

How to Take Great Photos With Apple's iPhone X

Recent Posts

Labels

  • Android Apk Files
  • Android Apps
  • Android Games
  • Apps Apk Files
  • Entertainment
  • Fantasy Tips
  • Gadgets
  • Hair Care
  • HomeMade Tips
  • How To's
  • News
  • Quotes
  • Quotes & Status
  • Recharge Cashback
  • Recharge Promo Codes
  • Shopping Cashback
  • Technology
  • skin care
Home / News / Aircel goes for big job cut, 700 to get pink slips now

Aircel goes for big job cut, 700 to get pink slips now

Latest Govt. Jobs 16:22:00 News Edit
Aircel's move resembles what Norway's Telenor's did when its Indian unit reduced operations in four out of the 13 regions.Cellular services major Aircel is all set to give pink slips to 700 staff - around 10% of its pan-India staff strength - in its first stage of manpower downsizing amid a huge wave of consolidation that is going to engulf India's telecommunication sector. Aircel has around 8,000 employees in India.

The Wednesday shocker to the Aircel employees is probably the first of the many such announcements awaiting India's telecom sector, feel experts.

A source close to the development in Aircel told TOI that this would be the first lot of people who have been given around a week's time since last Friday to agree with the company's compensation package, which includes full month's salary in February and just the basic pay of the following six months.

"The entire exercise is being aimed at reducing duplication of human resources with the possible merger with Reliance Communications (RCom). The circle teams as well as corporate base are being resized now with an eye on cost restructuring," added the source. The Gurgaon-headquartered mobile network operator has first taken a stock at its circle strength and then started serving termination letters to its sales and network team members across the country.

"In the coming 7-8 months, we are planning to go slow on all segments as more stages of job cuts are on the cards," said an insider at Aircel. The next stage of job cuts, according to sources, would be done in April.

However, the Aircel spokesperson in Gurgaon didn't respond to the TOI queries on this job cut issue sent via email. On the possible reasons for this job cut, Prashant Singhal, the global telecommunications leader at EY said:,"There are three direct factors which are disrupting the telecom ecosystem in India. These are: entry of new player (Reliance Jio), consolidation and demonetisation. Unfortunately, these three factors are happening at the same time. Obviously, there will be an immediate impact. So, direct and indirect job rationalisation will happen."

According to experts, nearly a third of the three lakh direct and indirect jobs in the whole telecom industry will be made redundant amid consolidation wave.
Share on Facebook Share on Twitter Share on Google Plus

RELATED POSTS


Xiaomi Redmi 5 launch

Vodafone partners with Tecno to off...

LG G7 with iPhone X-like notch
Aircel goes for big job cut, 700 to get pink slips now Aircel goes for big job cut, 700 to get pink slips now Reviewed by Latest Govt. Jobs on 16:22:00 Rating: 5

0 comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments ( Atom )

Search This Blog

TEST BOOK FOR GOVT ENTRANCE TEST

TEST BOOK FOR GOVT ENTRANCE TEST
Find All Latest book for preparation of SSC,RAILWAYBANK PO,RBI,BANK CLERK,GATE ME,GATE CE are available here in less prices, to check out the books click here

Translate

  • Popular Post
  • Random posts
  • Category

Popular Posts

  • Teen Patti Offer 2018: Refer and Earn Flipkart Vouchers Free
    Teen Patti Offer 2018: Refer and Earn Flipkart Vouchers Free
    Teen Patti Refer & Earn Offer:  Hey Guys! Today I make an article about Teen Patti Referral ...
  • Hands-on with the home windows 10 Creators update for the Xbox One: Beam recreation streaming arrives
    The Windows 10 Creators Update is here, now—yes,  now —but not (officially) on the PC. The ...
  • Taotronics TT-BH22 Headphones Review
    We make it a addiction to now not look up pricing of a product sooner than reviewing and if ...
  • Jio effect: Telcos may have to cut data rates 2017
    India's big  telecom  companies,  Bharti Airtel ,  Vodafone India  and  Idea Cellular , will be ...
  • How To Install Xposed Framework On Bluestacks
    How To Install Xposed Framework On Bluestacks
    How To Install Xposed Framework On Bluestacks For Rooted Bluestacks Only Requirements: ...
  • Hands-on: HP's Lap Dock helps your Windows Phone feel more like a real PC
    HP’s Lap Dock represents a future where a smartphone is powerful enough to replace your ...

Random Posts

  • Asus ROG Zephyrus GX501 - Review
    Asus ROG Zephyrus GX501 - Review
    26.07.2017 - 0 Comments
    Up till now, there were  lessons of gaming laptops: massive and effective or skinny and portable. by…
  • 1- Do's and don'ts of buying a second-hand smartphone
    1- Do's and don'ts of buying a second-hand smartphone
    07.12.2016 - 0 Comments
    Eyeing to buy a high-end smartphone, but budget is a constraint? How about buying a second-hand one?…
  • Glutathione For Skin Whitening : Does It Really Work?
    Glutathione For Skin Whitening : Does It Really Work?
    31.03.2016 - 0 Comments
    Do you want fair and bright skin? Have you tried numerous fairness creams but got no result? If you have…
  • How VR-prepared is your laptop? This check will allow you to understand
    How VR-prepared is your laptop? This check will allow you to understand
    16.03.2017 - 0 Comments
    Having the right specs is probably the most crucial step to enjoying VR gaming, as an…
  • Cleartrip Mobikwik Offers – Get 10% Cashback On Pay Using Mobikwik Wallet
    Cleartrip Mobikwik Offers – Get 10% Cashback On Pay Using Mobikwik Wallet
    07.04.2016 - 0 Comments
    Cleartrip Mobikwik Offer – Cleartrip is offering an amazing offer this Holi giving flat 10% Cashback On…

Labels

Android Apk Files Android Apps Android Games Apps Apk Files Apps Hack Tricks Entertainment Free Internet Freecharge Gadgets Games Apk Files How To's Laptops Guide Mobiles Reviews Technology Viral's android zone free recharge

Entertainment

Tricks

Popular Posts

  • BenQ’s flagship photographer SW320 4K monitor in India costs Rs 1.25 lakh
    BenQ has launched ...
  • How To Install Xposed Framework On Bluestacks
    How To Install Xposed Framework On Bluestacks
    How To ...
  • (no title)
    I’m thinking of ...
  • Sony Xperia XZs first impressions: At Rs 49,990 every other ‘top rate’ supplying
    Sony Xperia XZs is ...
  • WhatsApp now lets you search for GIFs from within its interface
    Spicing up your ...
  • How to Test Your Internet Speed from the Command Line
    How to Test Your Internet Speed from the Command Line
  • Google Assistant will learn to speak in Hindi this year
    SAN FRANCISCO ...

Random Posts

  • Apple AirPods, Apple TV 4K to get Rs 5000 cashback for Citibank credit card users
    Apple AirPods, Apple TV 4K to get Rs 5000 cashback for Citibank credit card users
    23.01.2018 - 0 Comments
    Apple AirPods are currently retailing for Rs 12,900 and a cashback of Rs 5000 would mean the price comes to…
  • Audio Technica ATH-WS550iS: A good solid bass headphone with mic [GoAndroidAuthority.Com]
    Audio Technica ATH-WS550iS: A good solid bass headphone with mic [GoAndroidAuthority.Com]
    27.03.2016 - 0 Comments
    Audio Technica, a Japanese company that started off as a phonograph cartridge…
  • Electric smart trucks charging toward market
    Electric smart trucks charging toward market
    16.11.2016 - 0 Comments
    WiTh electric cars gradually overcoming range and pricing obstacles to become more competitive with…
  • Shopclues Sunday Flea Market – Get 2% Cashback As Cluebucks + 10% Cashback Using Mobikwik
    Shopclues Sunday Flea Market – Get 2% Cashback As Cluebucks + 10% Cashback Using Mobikwik
    06.03.2016 - 0 Comments
    Shopclues Sunday Flea Market Offer – Shopclues is offering 2% cashback in the form of cluebucks + 10%…
  • Download Google Chrome 49.0.2623.64 Beta
    Download Google Chrome 49.0.2623.64 Beta
    01.03.2016 - 0 Comments
    (Open Source)Google's game changing browser Chrome combines sophisticated technology with a simple UI, to…

Most Popular

  • Teen Patti Offer 2018: Refer and Earn Flipkart Vouchers Free
    Teen Patti Offer 2018: Refer and Earn Flipkart Vouchers Free
    Teen Patti Refer & ...
  • SAMSUNG GALAXY J7 (2016) REVIEWS
    SAMSUNG GALAXY J7 (2016) REVIEWS
    SAMSUNG GALAXY J ...
  • Top 5 Best SmartPhones under 7000 Rs (March 2017)
    Looking for the ...
  • Apple, IBM, Cisco are huge because of Indians, do not deny them H-1B visa: RBI Governor Urjit Patel
    ...
  • SAMSUNG GALAXY J7 (2016) Specifications
    SAMSUNG GALAXY J ...
  • BlackBerry Teases Marshmallow Beta Testing for Priv by Next Week
    Blackberry ...
  • LG Q6 Review
    LG Q6 Review
    2017 is ...

Contact Form

Name

Email *

Message *

Offers Zone

Created By Android Century Distributed by Android Century
  • Home
  • About us
  • Contact us
  • Privacy policy
  • Terms of use
  • Advertise here
Subscribe Via Email Subscribe To Android Century By Email And Get Free Updates. ;-)


Your email address is safe with us!