Warid Launches Retrenchment Drive: TMCnet

Now this story published in TMCnet must be worrying for Warid

Warid Telecom of Abu Dhabi Group has launched a massive retrenchment drive in Pakistan as the companys Public Relationing (PR) Section has been totally abolished while dozens of employees from marketing section and other departments have also been shown the door.

Company sources say that the lay off campaign had been started as the company was facing a major financial crunch. Smelling the catastrophe, Faisal Ejaz Khan, the Chief Executive Officer (CEO), has also resigned while the new CEO is yet to be appointed by the company.

When contacted, former spokesperson of Warid Telecom Farah Hussain, confirmed that the entire PR section had been abolished. She also confirmed that CEO Faisal Ejaz Khan had also resigned. No responsible officer is there at the company now to confirm anything about the company status, she added.

TMCnet further discusses the lawsuit that Warid has been facing for violating contract.

Via TMCnet

Update: Through a Press Release Warid has said that they are not wrapping up PR department at all, however, Ms. Farah is not with them. Read complete PR here

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