BSNL's Bold Move: Telecom Giant Cuts 18,000 Jobs with VRS 2.0
In a significant move to improve financial stability, government-run telecom BSNL plans to cut 18,000 to 19,000 jobs through a new Voluntary Retirement Scheme (VRS 2.0). The initiative aims to trim the annual wage bill by INR 2,500 crore and is awaiting approvals from various government bodies. As BSNL ramps up its 4G and 5G rollouts, this restructuring seeks to balance operational efficiency with technological advancement.
Dec 31