These drastic moves are a part of its Strategic Debt Restructuring pact with its lenders, which gives it time until December 2018 to pay off its debt, but only until December 2017 to significantly reduce it, failing which the lenders take over the company’s and its subsidiaries’ management entirely.

At a RCom town hall in October, Executive Director Gurdeep Singh is learnt to have said that the company had “reached a situation where [they needed] to call it a day…” The company reported its third quarterly loss in month in September worth Rs 2,709 crore.

The company informed its workforce in the last week of October that 30 November will be their last date of employment. Considering that aren’t too many alternatives in the job market, that put them in a spot.