VRS Scheme

Tata Motors Wants To Reduce Workforce By 50%; Offers VRS To 21,000 Employees! In hopes to reduce cost, Tata Motors has offered a voluntary retirement scheme (VRS) to its employees for the third time in the last five years being part of…

Treebo Hotels Roll Out Paid VRS For 400 Employees; Will Other Startups Follow Suit? On Monday, the budget chain Treebo Hotels launched a paid voluntary resignation scheme (PVRS) for its 400 employees, as per the reports. What Does…