The XL Axiata-Smartfren merger is targeted for completion in the first semester of 2025

Group Chief Executive Officer of Axiata Group, Vivek Sood, revealed that XL Axiata has no plans to carry out layoffs after the announcement of the XL Axiata-Smartfren merger.

Currently, companies are still inviting employees to join after the merger because there are jobs that still require a lot of people.

Vivek said, if after some time passes and there are duplicate jobs, at that time perhaps the company will decide to change the structure.

In this case, there may be rationalization or termination of employment relations with a number of employees, but not in the near future.

“However, as we have a larger ecosystem, jobs that are coming, I think we will find positions to fill (by employees). If not, we will have to create structures but that will not happen anytime soon,” he said.

Meanwhile, XL Axiata President Director and CEO Dian Siswarini said that both shareholders had spoken and discussed so that the conditions for this merger remained comfortable for employees.

Dian said that this morning a townhall was held with employees from both parties regarding the incentives and rewards that would be given, so that employees would remain comfortable when joining the company after the merger was announced.