The Pakistan Telecommunication Company Limited (PTCL) said in a statement on Tuesday that as many as 25,000 employees have applied for Voluntary Separation Scheme (VSS) as announced by company. The company described the employees' response as overwhelming. There are still five days to go before the VSS ends January 14, says a statement.
The PTCL management, in a bid to transform the company into a professional, performance-driven competitive entity, launched the VSS. This scheme gave the employees a free will to go for or refuse it. A two-month timeline was offered to PTCL employees to take their decision regarding the Voluntary Separation Scheme.
Those who will apply for the VSS would be awarded with a handsome monetary package which they can use for establishing their own business or invest the amount to earn reasonable profit.-PR