Wednesday 13 June 2018

Headcount at RCom down 94% to 3,400 from peak of 52,000 in 2008-12

Rcom

Debt-ridden Reliance Communications on Wednesday said that the total number of jobs at the company have been reduced by about 94 per cent to 3,400 at present, from a peak level of 52,000. "Total number of people in the RCOM group: from peak of approximately 52,000 to current 3,400, a reduction of approximately 94 per cent," RCom said in a BSE filing on Wednesday. 

The company is estimated to be at peak in around 2008-10. RCom, which is reeling under debt of around Rs 450 billion, closed its mobile services business in January this year and continues to provide business-to-business (B2B) telecom services.

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