Bharti to trim 2000 jobs?
June 27, 2011
By Chris Forrester
Indian telco and DTH giant Bharti Airtel is reportedly looking to trim more than 2000 jobs. Currently Bharti’s three core businesses (fixed line, mobile and DTH TV) are run as separate divisions even though the retail operations share the same customer-facing stores.
The plan is now to merge the three divisions, which collectively generate some 90 per cent of the company’s revenues, into a single entity. Bharti employs around 11,500 staff in the three divisions.
Local reports say the cull has already started. One executive is quoted in the Times of India as saying that he has been ordered to trim staff reporting to him. The signs are that high-ranking officers of the company might also be affected, given that each division has its own self-contained executive levels of CEO, CFO, etc.
Bharti has pioneered the outsourcing model of operating, using the likes of Ericsson, Alcatel-Lucent and IBM to look after core tasks and keep a firm control over costs.
This content is restricted to site members. If you are an existing user, please login. New users may register below.