The Not So Happy News From Vodafone Idea Merger: 30 Per Cent Employees Fired
The Not So Happy News From Vodafone Idea Merger: 30 Per Cent Employees FiredIdea and Vodafone (pic via Twitter)

A report in Business Standard has suggested that Vodafone and Idea Cellular may have let go close to 8000 employees or one-third of their workforce in the seventeen months leading to the merger of the two companies.

While the two companies combined were reported to have around 25000 employees on their rolls in March 2017 when the merger was announced, the merged entity Vodafone Idea is said to have 17000 employees on their roster.

It has also been reported that the number of temporary staffers, contractual employees and those off the rolls have also come down though there is no clarity on the numbers retained by each company.

Both Idea Cellular and Vodafone have refuted reports that there have been job losses in the thousands with the report also stating that employees of Idea Cellular have been absorbed in other Aditya Birla companies.

It is estimated that after taking into account voluntary resignations, the reduction in personnel levels would be in the region of 15 to 18 per cent with future hirings also reducing to a trickle.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber