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RIL layoffs raise concern over hiring in retail
The New Indian Express
|August 17, 2024
THE recent layoffs within Reliance's retail division (about 38,029 job cuts) have raised many questions, especially the future of hiring with regards to retail opportunities.
As per the company's annual report, RIL has cut about 42,052 jobs (38,029 in retail alone) during FY24. Its total number of employees in retail arm stood at 2,07,552 in FY24 as against 2,45,581 in the previous fiscal. The annual report states that it hired 1.71 lakh new employees (1,05,047 in Reliance Retail) across diverse businesses in FY24. In FY23, the number of new hires in retail
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