TM offers VSS to non-executives aged 50 and above FMTNews FMTEng
Two voluntary separation schemes have been offered to non-executive staff of Telekom Malaysia aged 50 to 58 in a move to trim its workforce which numbers nearly 20,000.
According to offer documents sighted by FMT, the two schemes are called Mesra, for those aged 55 to 58, and Voluntary Separation Plan , for those aged 50 to 54. As for the VSP, TM is offering one-and-a-half month’s basic salary for each year served but capped at a maximum of 36 months’ wages. This group will not enjoy any medical benefit.
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