Tata Motors launches voluntary retirement scheme amid structural shift. The automaker rolled out a VRS from April 10-30 targeting around 750 permanent employees aged 40-55 across its passenger and commercial vehicle units. Approximately 275-300 employees opted for the scheme, marking the company's first VRS since its October 2025 demerger into two listed entities. The compensation structure offered flexibility with monthly payouts until age 60 or lump sum settlements, alongside medical benefits for up to 10 years and full settlement of provident fund and gratuity. This represents Tata Motors' third VRS in four years as the company accelerates its electric vehicle transition, which requires fewer man-hours due to automation compared to internal combustion engine manufacturing.
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