Telecom sector to see up to 40,000 job cuts in 2017
Reliance Communications chairman Anil Ambani said that the country’s telecom sector has cut 10,000 jobs last year and the ongoing stress will further lead to reducing 30,000-40,000 jobs more this year. Ambani, while addressing media, said that India’s telecom sector is heavily burdened with tax and telcos’ total bank loans stand at Rs 2.8 lakh crore. He urged the Indian […]
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