Recruitment At RCom Declined By 94 Percent
The Anil Dhirubhai Ambani-led telecom company Reliance Communications has stated that the total number of jobs and recruitment in the company have reduced to 3,400 at present by about 94 percent from a high level of 52,000.
The jobs at the RCom was at its peak at around 2008-10. But gradually the number has decreased, maybe due to the pressure of debt. The company is losing its balance lately under a debt of around Rs 45,000 crore.
"Total number of people in the RCOM group: from peak of approximately 52,000 to current 3,400, a reduction of approximately 94 percent," RCom said in a filing.
The company has closed its mobile services business this year in January and continues to provide business-to-business (B2B) telecom services. The telecom firm in the filing stated that its B2B depar...