Reliance Conglomerate Cuts Workforce by 11% in Financial Year 2023-2024
Thursday, 8 August 2024, 06:30
Reliance Workforce Reduction
Reliance, a major player in India's corporate sector, has made the decision to significantly cut its workforce.
Details of the Reduction
- The company reduced its workforce by 11%.
- More than 42,000 jobs were eliminated.
- This reduction occurred in the financial year ending March 2024.
Conclusion
The layoffs at Reliance reflect broader economic trends and challenges facing many companies in India, potentially impacting the job market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.