VSS ! Mobilink layoff 55% and Warid 35% employees

ISLAMABAD ( ABRAR MUSTAFA )

With Mobilink and Warid finalizing their merger, all preparation is set for release of employees under Voluntary Separation Scheme (VSS).

Mobilink will be releasing 55% employees whereas 35% will be released from Warid Telecom. Mobilink management has already announced a Voluntary Separation Scheme (VSS) for all employees from both companies.

Valid for all direct, contractual and any other kind of employee in both Warid and Mobilink, the VSS program will help employees to voluntary release themselves from the  companies while retaining their original benefits even more.

According to insider reports, more than 70% employees have applied for VSS. These application is subject to accepted by human resource department because the final power with HRD to accept or reject any application.

It is also reported that the human resource department will be releasing employees in batches. The first batch will be for lower grade employees and the process will move towards higher grades gradually.

There are rumors circulating that apart from the initially reported number of employees that are to be released, Mobilink/Warid merger will see more people leaving the company however they will not be offered the same benefits as the VSS.