Although the nearly bankrupt Vodafone Idea (VIL) still loses subscribers, it is also losing workforce. So according to sources familiar with the matter, about something a fifth of its sales department had already left within the past few weeks. The telecommunications company suffered heavy losses 38.1 million daily users with in 19 months preceding to October and have had 245.62 million annually mobile connectivity at the end of the month.
The telecommunications company is already looking for replacement options and also has uploaded 986 open positions on LinkedIn. It already has heavily marketed for sales representatives in a number of functions, including territory purchases, area purchases, consolidation and data gathering field senior execs, volume flexibility, clothing locations, and leadership roles in different locations.
“Company or organization personnel related at Vodafone Idea is at an extremely reasonable level of 95% of intended leadership roles,” a Vodafone Idea director of communications said as much in responding to a question. Our dropout rate is consistent with the marketplace and industry dynamics and reduce than that experienced by some competing companies.”
“Throughout the last one-year timeframe, we had already accumulated talented employees from competitors in the market as well as statistically significant difference was found, to enhance our working population and arrange for our forthcoming expansion journey in the digital environment. Furthermore, “we keep on going continue providing opportunities for professional advancement to our employees while also assisting them continuously improve to assume leadership responsibilities with our deep skilled workforce,” the spokesman confirmed.
To entice subscriber base, the business’s vendors in some locations of Delhi-NCR have heavily marketed that customers who allows users to connect to ‘Vi 5G’ will be given a free month’s charging station. This seems to be even after the reality that the company has so far not fully opened 5G.
As according to industry representatives, the sales team must meet targets in terms of recruiting and selecting new subscribers and retaining the existing ones, and vendors may implement this strategic plan in some case scenarios. “This is misrepresentative, and the corporation could perhaps advise their geographical sales department not even to follow such methodologies and be straightforward,” an unidentified telecommunications sector professional stated “.
Even during July-September full percentage point, Mobile operator Idea’s net reduction jumped to Rs 7,595.5 crore. As stated by the independent auditor, the business’s financial performance has significantly affected its capability to generate the future profits required to compromise its obligations as they become due.