Educomp Solutions has slashed 3,500 jobs in the last three months andÂ initiated measures to spur growth, media report say.
Reports said that the plan entails modifications in structure, systems and sales strategies to return firm to profitability in current and following fiscal.
Educomp has announced a slew of measures aimed at putting company back on a growth trajectory.
According to reports, Contracts of unproductive staff are being terminated.
- Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
- Now Save Rs.3150 on your Demat Account ...Click here
- Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
- Get the most detailed result analysis on the web - Real Fast!
- Actionable & Award-Winning Research on 500 Listed Indian Companies.