Dhaka, Bangladesh (BBN) – Grameenphone (GP), a leading mobile phone operator, has been asked to provide details on its employee retrenchment plan, officials said.
Bangladesh Telecommunication Regulatory Commission (BTRC) has sent a letter to the top mobile phone operator in this connection recently
Around 4,800 employees- both permanent and contractual - are working in different departments of the country's leading mobile phone operator.
The GP said it has sought more time from the regulator before it responds to the query.
Kazi Monirul Kabir, Chief Communication Officer of Grameenphone, said that his company took the redundancy initiative last year.
"This is not job cut, it is an initiative of minimizing redundancy that is a normal business process," Mr Kabir was quoted by the Financial Express (FE), a local newspaper, as saying.
"This kind of redundancy occurs when a company gets maturity after a long period in business," he said, adding that "it is also a global practice".
BBN/SSR/AD-27June12-11:43 am (BST)
