Tata Teleservices fires up to 600 employees amid competition
Tata Teleservices has fired between 500 and 600 employees in sales and other related functions, according to reports. The layoffs are across locations and severance package being offered to employees is one month's salary for every year of service, reports added. The layoffs come amid the telecom industry witnessing intense competition triggered by the entry of Reliance Jio.