Employees of Vodafone, Idea, and Bharti Airtel starts Job Hunting

MK Digital Line
After the telecom companies posted unprecedented losses and stare at huge statutory dues, thousands of employees started looking out for Jobs. Even after relief from Government and hike in the tariff, employees still go for seeking Opportunites. 

A sales manager at one of the telecom companies, who has approached a Bengaluru-based search firm, said, 'I have to leave because I was not sure what the future of the company and sectors will be in the comings years. I was a advised to take a 25% raise at the very very minimum but am so eager to leave that I can (go) for a 10-12% hike.'

Cofounder of specialist staffing company Xpheno, Kamal Karanth, said, 'over the last few weeks, some 7,000 profiles of Vodafone Idea and around 5,000 at rival Bharti Airtel’s have been out in the market. Xpheno aggregated data from candidate resumes that were updated or added on job portals, social media sites and sent directly to the staffing company.'

70% of Vodafone Idea’s roughly 10,000 staffers and over 30% of Airtel’s nearly 16,000 employees are looking for jobs, speaking of a sector that employs 180,000 workers directly in telecom, tower companies and vendor firms, among others Karanth said, 'Overall, around 40% of the people (in the wider telecom sector ecosystem) are looking out.'

Vodafone Idea Chairman Kumar Mangalam Birla said it would have to shut if it does not get any relief on the over Rs 53,000 crore adjusted gross revenue (AGR) dues that it owes to the government.

Bharti Airtel chairman Sunil Mittal said that the telecom industry was facing its worst crises ever and urged the Centre and the judiciary to give 'sympathetic consideration' to the industry’s appeal for relief after the Supreme Court’s order on AGR left companies struggling. Airtel also faces AGR dues of over Rs 35,500 crore.

Rajan Mathews, director-general of lobby group Cellular Operators Association of India (COAI) said, 'The operators will now have to look at ways to ensure future viability of their company, which includes investments in network rollout, technology upgrades, expansion plans, and manpower costs, All details regarding compensation such as increases, retention, stock options, and headcount right-sizing, etc., will be up for review.'

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