Reliance Layoffs 2024 Lok

Reliance Layoffs 2024 Lok. According to the annual report of ril, reliance jio had a workforce of 90,067 in fy24, while it was. Despite workforce reductions, employee benefits expenses rose 3% to rs 25,699 crore.

This action is a strategic change meant to increase productivity and streamline processes. The big cut is due to cost efficiency drive and reduced hiring, especially in retail segment which also saw store closures and slower expansion, says et report.