From the Dawn article:
The government on Thursday formally allowed the management of the Pakistan Telecommunication Company Limited (PTCL) to lay off more than 29,000 employees under its Rs17 billion voluntary separation scheme (VSS).
Though it appears to be a good deal (for both PTCL and the employees), just the thought of such a large number of people looking for work elsewhere is intimidating. 29,000+ is a pretty huge number, even compared to the world’s largest companies.
It also isn’t clear yet if this will improve PTCL’s services or cause their top talent to leave for greener pastures and leave the giant in an even worse shape. A revamp is definitely required, but most of the recent steps taken by PTCL haven’t done much to improve things.