New Delhi, July 30 (Udaipur Kiran): Vistara has introduced a Voluntary Retirement Scheme (VRS) and Voluntary Separation Schemes (VSS) for employees engaged in non-flying services, ahead of its merger with Air India. Official sources stated on Tuesday that Vistara has offered VRS and VSS to non-flying permanent employees. Eligible employees can apply for these schemes until August 23, 2024.
The VRS scheme from Vistara is available to those who have completed 5 years of service with the airline, while the VSS is for employees who have not yet completed five years. These schemes are similar to those introduced by Tata Group-owned Air India earlier this month. However, Vistara has not made any official comment on these plans.
It is noteworthy that Vistara is a joint venture between Tata Group and Singapore Airlines. The airline employs over 6,500 staff members, both permanent and contractual. Vistara commenced its operations in 2015.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
