ECC allows PIA to lay off 25% of workforce via Voluntary Separation Scheme By ECC approves a Rs457 billion restructuring plan for PIA. Adviser to PM Dr Ishrat Hussain says PIA restructuring plan would convert Rs457 billion loan into equity. The restructuring plan will be implemented after getting approval from the federal cabinet. ISLAMABAD: The Economic Coordination Committee (ECC) on Wednesday gave approval for PIA to launch a Voluntary Separation Scheme (VSS) to lay off 25% of its workforce making it around 3,500 employees. It also approved a restructuring plan of Rs457 billion for the national carrier. The meeting approved Rs330 million for the Ministry of Defence for the maintenance of aircraft. The restructuring plan will be implemented after getting approval from the federal cabinet.