Monthly Archive: February 2017

Loss of Jobs Prediction for Telecom sector as mergers buzzing up!

Jobs Prediction for Telecom sector -Chakreview.com

With the mergers and consolidation here comes risk of job loss as major purpose of these mergers is to reduce costs and curb losses. As most of the infrastructure is already setup the cost cutting will come mostly from job cuts. According to HR firms the cost of Salary and benefits for Telecom companies is upto 25% of total cost. With mergers this cost will definitely go low, as many layoffs possible since less no of people will be required to perform certain functions. Mid and lower level jobs such as BPO/customer care and support functions will have major impact.

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