BSNL wants to offer voluntary retirement to 1 lakh employees

NEW DELHI: In order to bring down the salary burden, which constitutes about 48 per cent of its revenues, state-owned telecom company BSNL wants to let go one lakh employees by offering them voluntary retirement (VRS).

"If these people opt for voluntary retirement, the salary burden of the company will come down to 10-15 per cent, which is manageable," a top official of the company said.