$\"\"$ MUMBAI: Reliance Communications<\/a> (RCom) has laid off over 600 roles in an ongoing effort towards a leaner organisation, people familiar with the matter said. The country’s fourth largest telecom company is in merger talks with Aircel and MTS. Retrenchment over the last few weeks has even touched some middle and senior managers — in the Rs 30-50 lakh salary bracket, they added.
\n
\n“In-country consolidation is taking place in telecom and, as is the practice globally, rationalisation of network infrastructure, sales and marketing, people and other assets will be the key drivers of greater efficiencies and synergies,” said an RCom spokesperson in an emailed statement. Company officials asking not to be named said job cuts will help the 7,500-strong RCom integrate workforce when mergers with Aircel and MTS materialise.
\n
\nWhen RCom announced its merger with Aircel in September 2016, the companies said cost synergies would be about Rs 20,000 crore. Costs would halve following the merger, they said. Much of this will come from job cuts since the infrastructure is already in place and it is unlikely that leasing and rental agreements will change drastically, experts said.
\n
The RCom scrip closed at Rs 39.20, down by 2.37% on the BSE on Friday. RCom’s job cuts will not be an anomaly in an industry<\/a> burdened with a debt of Rs 4.85 lakh crore and going through one of its worst phases. Price wars are forcing a spate of consolidations. Jio’s free offers for six months have forced the likes of Idea Cellular and Vodafone India to announce an alliance.
\n
\nAn earlier story by ET pointed out that about one-third of those working in the sector — over three lakh people, directly and indirectly — could become redundant in the next 18 months. The rate war triggered by Jio’s entry and subsequent free voice and data offers have led to huge financial stress on incumbent telcos, including top players Bharti Airtel, Vodafone India and Idea, as well as RCom.
\n
Financial stress forced RCom to delay its payment of around `800 crore to Swedish gear maker Ericsson<\/a>, said a person aware of the matter. Bulk of these dues relate to managed services delivered by Ericsson as part of the $1 billion-plus nationwide managed services contract inked in December 2014.
\n
\nRCom didn’t respond to a specific query on the delay in payment to Ericsson. In response to ET’s email queries, an Ericsson India spokesperson said the company “will not be in a position to comment on the same.”
\n\n<\/body>","next_sibling":[{"msid":58076836,"title":"Over 15 crore rural households go without computers","entity_type":"ARTICLE","link":"\/news\/over-15-crore-rural-households-go-without-computers\/58076836","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":58076995,"entity_type":"ARTICLE","title":"Pink slips for 600 as Reliance Communications trims fat","synopsis":"Incidentally, the sackings came after RCom reported its first ever consolidated net loss of Rs 531 crore in the December quarter.","titleseo":"telecomnews\/pink-slips-for-600-as-reliance-communications-trims-fat","status":"ACTIVE","authors":[{"author_name":"Devina Sengupta","author_link":"\/author\/479212895\/devina-sengupta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212895.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479212895,"author_name":"Devina Sengupta","author_seo_name":"devina-sengupta","designation":"Senior Assistant Editor","agency":false}},{"author_name":"Deepali Gupta","author_link":"\/author\/479219003\/deepali-gupta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479219003.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479219003,"author_name":"Deepali Gupta","author_seo_name":"deepali-gupta","designation":"Journalist","agency":false}},{"author_name":"Kalyan Parbat","author_link":"\/author\/4437\/kalyan-parbat","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/4437.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":true,"msid":4437,"author_name":"Kalyan Parbat","author_seo_name":"kalyan-parbat","designation":"Assistant Telecom Editor at the Level of Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-04-08 09:44:58","lastupd":"2017-04-08 09:48:18","breadcrumbTags":["Reliance communications","Anil Ambani","industry","ICRA","Ericsson","SSTL","RCom job cut","RCom loss"],"secinfo":{"seolocation":"telecomnews\/pink-slips-for-600-as-reliance-communications-trims-fat"}}" data-authors="[" devina sengupta","deepali gupta","kalyan parbat"]" data-category-name="" data-category_id="" data-date="2017-04-08" data-index="article_1">

Telecom乐动扑克News

600年的裁员,Reliance Communications修剪脂肪

顺便说一句,裁员后首次报道RCom巩固12月季度净亏损531卢比。

Devina森古普塔,迪帕莉。古普塔&Kalyan尔巴特,
等局

更新于2017年4月8日09:48点坚持

孟买:信实电信(RCom)解雇了超过600的角色在一个持续努力向一个精简的组织,知情人士说。该国第四大电信公司在合并谈判Aircel和MTS。紧缩在过去几周甚至触及一些中产和高级经理- Rs 30 - 50十万的工资等级,他们补充说。

“国内整合发生在电信和实践在全球范围内,网络基础设施的合理化,销售和营销,人们和其他资产将是更大的效率和协同效应的关键因素,”一位信实电信的发言人在一份电邮声明中说。公司官员要求匿名表示,裁员将帮助7500名RCom劳动力Aircel和MTS的并购实现集成。

当宣布合并RCom Aircel 2016年9月,公司表示成本协同效应将大约20000卢比。他们说,合并后成本减半。大部分将来自裁员,因为基础设施已经到位,租赁和租赁协议将不太可能大幅改变,专家说。

的代币RCom收报39.20 Rs,周五在疯牛病下降了2.37%。信实电信的裁员将不是一个异常行业背负着债务4.85十万的卢比和经历一个最严重的阶段。价格战是迫使大量的合并。Jio是免费提供六个月已迫使细胞和沃达丰印度宣布结盟。

早期故事等指出,约有三分之一的在该行业工作,在三个十万的人,直接或间接地——可能会在未来18个月内变得多余。Jio引发的汇率战争的条目和随后的免费语音和数据提供了巨大的财务压力现任电信公司,包括顶级球员Bharti Airtel沃达丰印度和想法,以及信实电信。

财政压力迫使RCom推迟支付大约800卢比的瑞典设备制造商爱立信说,一个人知道这件事。大部分这些费与管理服务由爱立信作为全国10多亿美元的一部分管理服务合同签署了2014年12月。

没有回复具体查询RCom爱立信的延期支付。响应等的邮件查询,一个爱立信印度发言人表示,该公司“不评论一样。”

发布于2017年4月8日09:44点坚持

$\"\"$ MUMBAI: Reliance Communications<\/a> (RCom) has laid off over 600 roles in an ongoing effort towards a leaner organisation, people familiar with the matter said. The country’s fourth largest telecom company is in merger talks with Aircel and MTS. Retrenchment over the last few weeks has even touched some middle and senior managers — in the Rs 30-50 lakh salary bracket, they added.
\n
\n“In-country consolidation is taking place in telecom and, as is the practice globally, rationalisation of network infrastructure, sales and marketing, people and other assets will be the key drivers of greater efficiencies and synergies,” said an RCom spokesperson in an emailed statement. Company officials asking not to be named said job cuts will help the 7,500-strong RCom integrate workforce when mergers with Aircel and MTS materialise.
\n
\nWhen RCom announced its merger with Aircel in September 2016, the companies said cost synergies would be about Rs 20,000 crore. Costs would halve following the merger, they said. Much of this will come from job cuts since the infrastructure is already in place and it is unlikely that leasing and rental agreements will change drastically, experts said.
\n
The RCom scrip closed at Rs 39.20, down by 2.37% on the BSE on Friday. RCom’s job cuts will not be an anomaly in an industry<\/a> burdened with a debt of Rs 4.85 lakh crore and going through one of its worst phases. Price wars are forcing a spate of consolidations. Jio’s free offers for six months have forced the likes of Idea Cellular and Vodafone India to announce an alliance.
\n
\nAn earlier story by ET pointed out that about one-third of those working in the sector — over three lakh people, directly and indirectly — could become redundant in the next 18 months. The rate war triggered by Jio’s entry and subsequent free voice and data offers have led to huge financial stress on incumbent telcos, including top players Bharti Airtel, Vodafone India and Idea, as well as RCom.
\n
Financial stress forced RCom to delay its payment of around `800 crore to Swedish gear maker Ericsson<\/a>, said a person aware of the matter. Bulk of these dues relate to managed services delivered by Ericsson as part of the $1 billion-plus nationwide managed services contract inked in December 2014.
\n
\nRCom didn’t respond to a specific query on the delay in payment to Ericsson. In response to ET’s email queries, an Ericsson India spokesperson said the company “will not be in a position to comment on the same.”
\n\n<\/body>","next_sibling":[{"msid":58076836,"title":"Over 15 crore rural households go without computers","entity_type":"ARTICLE","link":"\/news\/over-15-crore-rural-households-go-without-computers\/58076836","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":58076995,"entity_type":"ARTICLE","title":"Pink slips for 600 as Reliance Communications trims fat","synopsis":"Incidentally, the sackings came after RCom reported its first ever consolidated net loss of Rs 531 crore in the December quarter.","titleseo":"telecomnews\/pink-slips-for-600-as-reliance-communications-trims-fat","status":"ACTIVE","authors":[{"author_name":"Devina Sengupta","author_link":"\/author\/479212895\/devina-sengupta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212895.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479212895,"author_name":"Devina Sengupta","author_seo_name":"devina-sengupta","designation":"Senior Assistant Editor","agency":false}},{"author_name":"Deepali Gupta","author_link":"\/author\/479219003\/deepali-gupta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479219003.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479219003,"author_name":"Deepali Gupta","author_seo_name":"deepali-gupta","designation":"Journalist","agency":false}},{"author_name":"Kalyan Parbat","author_link":"\/author\/4437\/kalyan-parbat","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/4437.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":true,"msid":4437,"author_name":"Kalyan Parbat","author_seo_name":"kalyan-parbat","designation":"Assistant Telecom Editor at the Level of Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-04-08 09:44:58","lastupd":"2017-04-08 09:48:18","breadcrumbTags":["Reliance communications","Anil Ambani","industry","ICRA","Ericsson","SSTL","RCom job cut","RCom loss"],"secinfo":{"seolocation":"telecomnews\/pink-slips-for-600-as-reliance-communications-trims-fat"}}" data-news_link="//www.iser-br.com/news/pink-slips-for-600-as-reliance-communications-trims-fat/58076995">