Downsizing in PakistanMOBILINK:Mobilink, the largest cellular operator by subscribers has laid off some 125 employees. The employees laid off include several senior managers, managers, specialists and others. Because Mobilink is undertaking a restructuring of its Technology division, in line with changing business needs and network evolution. It all happened when Mobilinks new owner Vimpelcom reshaped the subsidiary while spending exorbitantly on media and everywhere. This new wave of layoffs is also a part of plan that company had paused for a while to avoid any bad patch during transformation process.Financial DataAmount

Operating profit (First half of 2013)PKR 10.9 Billion

Operating profit (First half of 2014)PKR 11.5 Billion

Pakistan Telecommunication Company Limited (PTCL)Pakistan Telecommunication Company Limited (PTCL) has cut 15,000 jobs through Voluntary Separation Scheme (VSS), second downsizing plan by the company since 2008 when 30,000 employees lost their jobs. Due to contract based employment, employees were uncertain about their future and decided to voluntarily leave the organization. The VSS package is part of the restructuring plan of the company, which is being done due to rapidly changing technologies and increasing competition in the open market.Financial Data20122011

Operating profit (Rs 000)11,487,51311,621,425

Income for the year (Rs 000)7,244,4667,458,760

This is because company had paid the huge amount of severance packages Pensions and the benefits.WATEEN:In 2012 Wateen Laid off 40% of their Permanant and Contractual Employees including the Exectuives manily from the Consumer Division.The Reason for taking such aggressive measures was that the company was facing a tough business environment and slow growth which made it hard for the company to continue its operations thats why Wateen going to shut down his division Wimax which is increasing the liability or incur losses to wateen.20122013

Loss for the year(18,556,529)(1,036,757)