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BSNL WORKFORCE REDUCTION
Explained: Why TCS firing 12,000 employees may be a canary in the mine and what it means for investorsTCS's decision to lay off 12,000 employees due to macro uncertainties and AI disruptions has triggered investor concerns, contrasting sharp...- TCS revenue to slow sharply in FY26, says Elara as it downgrades stock and cuts target priceElara Capital downgraded TCS to ‘accumulate’ from ‘buy’ and cut its target price, citing weak FY26 revenue outlook, subdued discretionary s...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- More confident and positive about 2025 compared to 2024; 2026 will be even better: TCS CEO K KrithivasanTCS leaders are confident about future growth and advancements. They highlight investments in AI, talent development, and technology modern...
- DoT to seek FinMin nod for second BSNL VRS, to cut workforce by 35%The Department of Telecommunications (DoT) plans to seek finance ministry approval for a second voluntary retirement scheme (VRS) at Bharat...
- Strategic investments post-Budget 2024: Key sectors to focus onThe 2024 budget revealed opportunities to stimulate economic growth, focusing on infrastructure, agriculture, space economy, manufacturing,...
- Efficiency of execution is primarily resulting in lower headcount for TCS: Samir SeksariaTCS CFO and CHRO discuss Q3 results and margin resilience. Attrition has decreased and there is potential for further reduction. Subcontrac...
- Central PSUs witness cut in total employment; 2.7 lakh jobs down since 2013India's public sector enterprises have seen a significant shift in employment patterns over the past decade, according to the Public Enterp...
- BSNL to retrench another 20,000 contract workers: Employees' unionThe union in a letter to BSNL Chairman and Managing Director P K Purwar said the financial condition of the company has deteriorated after ...
- Government plans lucrative VRS, 4G airwaves, debt reduction to revive state-controlled telcosVRS scheme for BSNL and MTNL would have a revenue impact of Rs 6,365 crore and Rs 2,120 crore, respectively, as per government estimates.
- State-owned BSNL to reduce its workforce by nearly 7% in 2017-18The workforce phase out is part of employees attaining retirement age, which according to the service provider would eventually help in bri...
- BSNL will be back in profits by 2018-19, says MD Anupam ShrivastavaBSNL expects to become profitable again in the year to March 2019 on gains from growing data demand, reduction in staff costs and monetisat...
- No proposal of delisting: MTNLThe Department of Telecom (DoT) had asked IIM Bangalore to prepare a feasibility report on merger of state-run BSNL and MTNL.
- BSNL, MTNL losses at Rs 3,785 crore & Rs 1,567 crore: GovernmentThe losses are on account of decline in revenue and increase in expenditure, Ravi Shankar Prasad said in a written reply to the Lok Sabha.
- Five key things new government should undertake to revive growthThe new government has put the economic growth revival at the top of the agenda. It will have to take proactive steps to revive the economy.
- BSNL plans to trim landline operations, cut jobsBSNL plans to sharply scale down the manpower strength of its beleaguered landline business, which accounts for nearly 65% of its 2.77 lakh...
- BSNL drops plan to set employee output target fearing union wrathState-owned BSNL has dismissed a proposal mooted by sections of its management to define daily output targets of the 2.5 lakh-plus Group C&...
- BSNL drops plan to set up daily output targetState-owned BSNL has dismissed a proposal mooted by sections of its management to define daily output targets of the 2.5 lakh-plus Group C&...
- How Ericsson is saving for difficult daysEricsson AB, is already saving for the rainy day through workforce rationalisation and technology upgradation.
- Ericsson planning to cut costs, jobsThe telecom industry is still to feel fully the impact of the economic slowdown, but the world's leading network solutions provider, Ericss...
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