COVID-19: 70000 job losses in telecom industry in India
Massive unemployment has started hitting urban India. For many sectors, the worst is yet to come. Thousands of young Indians are losing jobs, most with minimal notice, in a country without formal safety net. Tech, ed-tech and banking/finance are the few bright spots. Here’s the data that frames this economic and social crisis.
According to Aditya Narayan Mishra, director and CEO of CIEL HR Services –
Total Manpower in the telecom sector is approximately 20 lakhs.
This includes Operators, Infra Providers, Towers, Data Centers & Handsets.
Jobs lost due to Covid – 70,000 (This excludes the 7 lakh employed in handset manufacturing, which was shut during the lockdown).