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Home » business » BSNL CMD refutes reports on 54,000 employees losing jobs; announces 4G spectrum allotment as turnaround plan

BSNL CMD refutes reports on 54,000 employees losing jobs; announces 4G spectrum allotment as turnaround plan

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BSNL CMD refutes reports on 54,000 employees loosing jobs; announces 4G spectrum allotment as turnaround plan

After several media reports claimed lowering the retirement age of its workforce and as many as 54,000 employees of the state-owned telecom operator Bharat Sanchar Nigam Ltd (BSNL) are likely to lose their jobs, company’s CMD Anupam Shrivastava refuted any such move.

Taking it to the Twitter on Wednesday night, Anupam Shrivastava announced 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.

Until his clarification, the reports had claimed that the BSNL board has cleared a proposal to let go of close to 54,000 employees. The report quoted sources saying that the decision was made on the recommendation provided by an expert panel formed by the government to turn around the fortunes of the ailing telecom company.

Also read: No money to feed: Single mother in viral video cries after BSNL fails to pay salary to employees

The report also said the teleco’s board had given a green signal to three of 10 suggestions put forth by an expert government panel set up by the Centre, which included reduction in retirement age from the existing 60 years to 58 years, VRS for all employees aged 50 years and above, and fast-tracking allocation of 4G spectrums to BSNL.

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