Bharti Airtel to reduce employees in Africa

Company to reduce staff to reverse its loss-making division
Bharti Airtel to reduce employees in Africa

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Bharti Airtel is reportedly planning to reduce its headcount across its African footprint by 15%-20% during the current financial year as part of plans to reverse the fortunes of the loss-making division.

According to The Economic Times, 700-800 employees related to the company’s tower operations on the continent will be laid off or, in cases where Airtel’s tower assets have been sold to another firm, transferred to the acquiring company, whilst around 20 senior executives with a variety of functions will also leave.

The group was engaged in talks with Orange Group regarding the sale of its subsidiaries in four countries outside of the French group’s current footprint (Chad, Sierra Leone, the Republic of Congo and Burkina Faso).

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