News: SC verdict may affect jobs in telecom sector

Employee Relations

SC verdict may affect jobs in telecom sector

Telecom has been going through a turbulent period and thousands of telecom jobs are vanishing globally. Nokia Siemens Network alone is cutting some 17,000 jobs. In Indian context too, the sector is witnessing a limited need based hiring and major players including Airtel, Vodafone, Tata Docomo and Reliance have rationalized their people base. Add to this the recent Supreme Court decision.

Telecom has been going through a turbulent period and thousands of telecom jobs are vanishing globally. Nokia Siemens Network alone is cutting some 17,000 jobs. In Indian context too, the sector is witnessing a limited need based hiring and major players including Airtel, Vodafone, Tata Docomo and Reliance have rationalized their people base. Add to this the recent Supreme Court decision.

Telecom experts are of the opinion that the Supreme Court order canceling 122 2G spectrum licence is likely to impact around 10,000 jobs in the telecom sector. They estimate that the operations in the cancelled licence involve approximately 4,000 direct jobs and over 6,000 indirect jobs. These are in areas like telecom sales, customer support and tower management and maintenance. Uninor with over 2,000 people in India will perhaps be the most badly impacted.

Source: The Economic Times 

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Topics: Employee Relations, #Updates

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