BSNL is planning a second Voluntary Retirement Scheme (VRS) to cut its workforce by 18,000-19,000 and ease financial pressures. The proposal, seeking ₹1,500 crore for implementation, has been submitted to the Department of Telecommunications (DoT) for finance ministry approval. BSNL aims to reduce staff expenses from ₹7,500 crore to ₹5,000 crore annually, as workforce costs currently consume 38% of its revenue. This restructuring aligns with government efforts to improve the telco's financial stability and operational efficiency.
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