75,000 jobs lost in just one year, in the Indian telecom sector.

The Indian telecom sector has lost 75,000 jobs in just one year. Major private telecom companies are facing a crisis after the entry of Reliance Jio. Many smaller telecom companies are getting closed down. Bigger companies like Vodafone and Idea have gone into loss, and are getting merged. Due to these closures and mergers, job loss is taking place in a big way. 75,000 jobs are already lost in just one year.