Sunday, 10 February 2013

Tough times for Tata and Pacnet

Soon after Pacnet's recent layoffs, Tata also follow suit. Pacnet has layoff approximately 30% of the staff worldwide. Most of the expensive expatriates are the first to be let go.  Stories of how unceremoniously they have been let go is rather uncomfortable to Asian standards. After all, the staff have served faithfully for years. Most of them doesn't even know their fate until the actual day as they were escorted to their desk to pack and then out of the office. 

As for Tata, they have lay off about 300 staffs worldwide. This includes some of the senior management. The ex-CEO, Bryon Clatterbuck, left all of a sudden sometime in Mar/Apr 2012. He has since joined SEACOM as the Chief Commercial Officer sometime end of 2012.  Somehow these senior guys are always able to find another opportunity elsewhere due to their networks. So be sure that this will be the last you hear of Bill Barney.

And who's number 1 in Myanmar?

Since we are at North Korea, let's look into another closed country which is Myanmar. Who's the number 1 in customer backbone in Myanmar? Surprisingly it is TeliaSonera, the Swedish Telecommunications giant.