Mobilink Lay-off 55% and Warid 35% of its Employees: Facilitating them with VSS.
As the merger between two major telecommunication companies is all set, Mobilink and Warid finalizes to release its employees, facilitating them with Voluntary Separation Scheme (VSS).
Mobilink is expected to release 55 percent of its employees whereas Warid Telecom will release 35 percent of its employees. Mobilink management has already made an official announcement to facilitate all of their employees with Voluntary Separation Scheme (VSS), performing their duties in both cellular companies Mobilink and Warid Telecom.
The Voluntary Separation Scheme (VSS) is made valid for all employees of both Warid Tel and Mobilink, working as a direct, contractual or under third party agreements. This program will help the employees to voluntary release themselves from the cellular companies, perpetuating with their original benefits even more.
According to the insight of Warid Tel and Mobilink, more than 70 percent of the workforce has already applied for VSS. These applications to lay off from their respective job positions is subject to be accepted by Human Resource Department of both the companies because the HRD has the final power to decide the fate of employees, either to approve or reject their applications.
It is also reported that the Human Resource Department (HRD) will be laying off employees from both firms in batches. The first batch with facilitation under VSS will start from lower grade employees and the process will further moderately move towards mid-level management and finally to the upper management.
Rumors are prevailing within both the cellular companies that aside from the initial report of a number of employees that are expected to be laid off, the merger between Mobilink and Warid Telecom will see more employees willing to resign the telecom companies. However, they are not expected to enjoy the same level of benefits likewise the Voluntary Separation Scheme.