Hindu employees offered VRS
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. 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." (thenewsminute.com)