BSNL CMD junks reports on layoff; says turnaround plan includes 4G spectrum allotment, VRS offer
BSNL CMD Anupam Srivastava in a tweet late Wednesday clarified that the company's turnaround being devised by DoT and BSNL board includes decisions such as 4G spectrum allotment and lucrative VRS offer to employees willing to opt for the same and that the otherwise media reports do not hold any veracity.
- Apr 4, 2019,
- Updated Apr 4, 2019 10:56 AM IST
Denying media reports of likely layoff of around 54,000 employees and lowering the retirement age of its workforce, Bharat Sanchar Nigam Ltd (BSNL) CMD Anupam Shrivastava refuted any such move at the state-owned telecom provider.
Srivastava in a tweet late Wednesday clarified that the company's turnaround being devised by the Department of Telecommunications (DoT) and the BSNL board included decisions such as 4G spectrum allotment and lucrative Voluntary Retirement Scheme (VRS) offer to employees willing to opt for the same, and that the otherwise reports did not hold any veracity.
"Turnaround of #BSNL being devised by @DoT_India & @BSNLCorporate includes allotment of 4G spectrum & offering lucrative VRS to willing staff. Reduction of retirement age or laying off employees is not at all being considered. BSNL denies any such media appearances in this regard." Srivastava elucidated in his tweet.
Denying media reports of likely layoff of around 54,000 employees and lowering the retirement age of its workforce, Bharat Sanchar Nigam Ltd (BSNL) CMD Anupam Shrivastava refuted any such move at the state-owned telecom provider.
Srivastava in a tweet late Wednesday clarified that the company's turnaround being devised by the Department of Telecommunications (DoT) and the BSNL board included decisions such as 4G spectrum allotment and lucrative Voluntary Retirement Scheme (VRS) offer to employees willing to opt for the same, and that the otherwise reports did not hold any veracity.
"Turnaround of #BSNL being devised by @DoT_India & @BSNLCorporate includes allotment of 4G spectrum & offering lucrative VRS to willing staff. Reduction of retirement age or laying off employees is not at all being considered. BSNL denies any such media appearances in this regard." Srivastava elucidated in his tweet.