RCom reduces employee base by 94% from 52,000 to 3,400
Anil Ambani-led Reliance Communications has said its employee base now stands at 3,400, a reduction of 94% from the peak of around 52,000 employees. RCom said it is "fully insulated from the hyper-competition and financial stress" after it exited the consumer-facing wireless business in January. RCom is now a pure B2B player with only 35,300 customers worldwide, the company added.