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VRS News

Air India Layoff

17 Mar 2024

Air India Laysoffs Over 180 Non-Flying Staff Jobs Due To VRS

Employees in non-flying positions are being assigned new roles based on the company's requirements and their own skills.

Arvind Kejriwal

14 Jul 2016

Arvind Kejriwal's wife Sunita takes VRS - Is one of these the real reason behind decision?

Soon after the news of Aam Aadmi Party (AAP) leader Arvind Kejriwal's wife Sunita Kejriwal taking VRS came to light, social media was flooded with speculations of her joining AAP.

12 Jul 2016

Delhi CM Arvind Kejriwal's I-T officer wife takes VRS

Delhi Chief Minister Arvind Kejriwal's wife Sunita has taken voluntary retirement from the Indian Revenue Service (IRS), after serving for nearly 22 years in the Income Tax department.

Mahindra & Mahindra

06 Jul 2016

Mahindra restructures two-wheeler biz, gives VRS to 250 workers

Homegrown auto major Mahindra & Mahindra is restructuring its two-wheeler business after the division failed to meet its expectations and has given voluntary retirement scheme to 250 workers as part of the process.

30 Sep 2015

PMO creates a list of 125 corrupt officers

29 Apr 2015

Colgate announces VRS for its employees at Waluj

FMCG major Colgate-Palmolive India Wednesday announced a voluntary retirement scheme (VRS) for employees at its toothpowder manufacturing facility at Waluj in Maharashtra.

12 Mar 2015

Five sick PSUs to be shut, employees to get good VRS: Govt

Five sick PSUs will be shut down and the government will pay good VRS package to their employees, according to Heavy Industries Minister Anant Geete.

27 Feb 2015

Tata Motors announces voluntary retirement scheme for workers

Struggling with mounting losses in its domestic operations, Tata Motors today announced voluntary retirement scheme for workers as it tries to overcome the impact of depressed growth in commercial vehicle and passenger car businesses.

23 Dec 2014

Foxconn offers severance package Chennai plant workers

As the stand-off between employees and Taiwan-based Foxconn continued over suspension of production at its plant here, the management has notified that it would offer severance package or VRS to workers.

18 Dec 2014

'VRS proposal in 3 HMT Cos awaiting CCEA approval'

There are 17 HMT units in India and all the units are in operation and none of them are closed.

25 Sep 2014

Government to revive 5 sick units, plans VRS for staff of 6 others

The government has begun the process of reviving five sick public sector undertakings, while for employees of 6 PSUs beyond redemption it is working on a voluntary retirement scheme of Rs 1,000 crore, Heavy Industries and Public Enterprises Minister Anant Geete said on Thursday.

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