Indian airline Vistara offers voluntary retirement and separation schemes for ground staff ahead of merger with Air India.
Indian airline Vistara, preparing for its merger with Air India, offers voluntary retirement and separation schemes for its permanent ground staff. The voluntary retirement scheme (VRS) is available to employees with more than five years of service, while a voluntary separation scheme (VSS) is offered to those with less than five years. Around 5% of the combined workforce will be impacted, with remaining employees retained post-merger. The merger aims to create a single full-service carrier.
July 29, 2024
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