The Hindu employees offered VRS

March 17, 2015 11:42

Kasturi & Sons Ltd., publishers of The Hindu, have announced a voluntary retirement scheme for their employees, for the first time in the company's 136-year history, reports The Hoot.

Their statement said it was part of an ongoing organisation-wide restructuring focused on turning around the performance of the company: "Employees opting to apply to the scheme will receive a generous compensation package -- possibly the most generous of recently announced schemes in industry -- in addition to normal retirement benefits."

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