The Cabinet of Ministers yesterday (16) approved a proposal to retire 560 SriLankan Airlines employees within three years at a cost of Rs. 1.46 billion.
It has been decided to implement the Voluntary Retirement Scheme due to the financial crisis that has been faced by the Sri Lankan Airlines Ltd and a Three-Member Committee headed by the Secretary to the State Ministry of Aviation and Export Zones Development has been appointed to study the aforesaid matter.
The committee recommended the implementation of the proposed Voluntary Retirement Scheme without hindrance to the operations of the company for the next three years.
It is expected that approximately, 560 employees will be retired under the scheme and it is estimated that Rupees 1.46 Billion will cost on it.
Accordingly, proposal tabled by the Minister of Tourism to implement the aforesaid Retirement Scheme was approved by the Cabinet of Ministers.
Proposal approved to retire 560 SriLankan employees at a cost of Rs.1.46bn
17 Nov 2020
Proposal approved to retire 560 SriLankan employees at a cost of Rs.1.46bn
17 Nov 2020
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