BSNL intends to reduce employees by 55,000 from the total of 1,74,312 staff.

Bharat Sanchar Nigam Limited (BSNL) is absolutely closely-held by the govt. Now BSNL is thinking concerning the huge reduction in workers to the tune of 54,451 staff by reducing the retirement age to 58 and also a voluntary retirement theme (VRS) for employees.
The recommendations are given by a professional committee. If enforced, the move can cause a discount in retirement age of BSNL workers to 58 from 60 years. The move is probably going to cut back the worker count of the BSNL by 33,568 workers. With this, BSNL is predicted to avoid wasting a complete of Rs 13,895 over the ensuing six years.
Currently, the corporate is carrying a loss of Rs seven,993 large integers throughout 2017-18, up to sixty six over the previous year.  As a result of these 2 measures, BSNL can see the exit of around 54,451 workers, that is 31% of its total hands. it presently employs 1,74,312 staff.
"A VRS theme ought to be brought sure all workers within the age bracket of fifty or above years. The theme is going to be modeled as per the ‘Gujarat Model’," the report suggested. The committee has additionally created eight different recommendations to boost the monetary health of the sickly company. The recommendations include: accelerate plus transfers from the Department of medium (DoT) to BSNL, accelerate the operation of BSNL Tower BSNL Tower Corporation restricted (BTCL), produce a separate fiber infrastructure division, produce a project division, facilitate 4G spectrum allocation, give contingent liquidity support for BSNL, shelve listing of BSNL in share market.The government holding corporation has been reeling beneath the money stress when the arrival of Jio. The revenues of the corporate unfit by two hundredths throughout 2017-18, on the rear of predatory evaluation unleashed by Mukesh Ambani-owned Jio. The corporate clocked Rs 25,071 large integer in revenues throughout 2017-18, as against Rs 31,533 large integers in 2016-17.