Top telecom layoffs that made the news
NEW DELHI: The telecom sector has seen many layoffs since the beginning of the year 2021. Whether the reason is Covid-19 or poor performance of the company, the sector continues to layoff employees in vast numbers.
The job cuts are a sign of the financial challenges being faced by the industry. The factors for slashing headcount differ from company to company, and range from right-sizing, cost-cutting to driving efficiencies through lean organisational structure.
Here are the top layoffs in the telecom sector which made the news in recent years: