VSS for Ten Thousands PTCL Employees – Daily Qudrat News Report
Lahore (Wednesday, June 10, 2015) – Pakistan Telecommunication Company Limited (PTCL) is launching another VSS scheme for it regular and NCPG pay group employees. The said news reports are being in print media and social media for last many days.
According to news report published in Daily Qudrat Karachi published on Monday, June 8, 2015, almost 10000 workers will be layoff/fired. This will be fourth VSS in PTCL. In past three phase of VSS has been launched in 2007, 2012 and 2014. Almost 50,000 employees has been fired in these schemes in last 8 years.
PTCL was privatized by Musharaf Government in 2006. UAE telecom. firm Etisalt purchase it 26 percent shares with full management control.