Given they are massively hiring for JioCinema right now, this feels bad.   
 They could have just done internal transfers, rather than poaching folks from Hotstar and other companies.

Bruh folks from Hotstar would bring in much more to the table for running an OTT

Product Manager

@SoftApp38 agree. But I 
 10k is a large number. They could have filled some positions internally.

Software Engineer

They should stop running those Ads during IPL. Each advt. run = 1 employee CTC

oh no, how will mukeesh baba earn his crores then 🥺

F** reliance and tata and all Indian companies, never liked these companies a bit

Cloud Architect

Welcome to News Discussion's Private Community

JioMart, Reliance Retail's online shopping platform, has reportedly laid off over 1,000 employees and plans to cut 9,900 more roles.

Reliance JioMart to cut 11,000 jobs, report says

That’s massive- 11k to be laid off @jioMart

Operations Analytics

That’s massive- 11k to be laid off @jioMart- Grapevine

Can anyone confirm. Reliance Retail laying of 80% workforce from JioMart.

Reliance Retail Layoff

Business Analyst

Reliance Store aka Jiomart laying off 📴 insider from Gurgaon said that.

Reliance Store / Jiomart

Implementation

Reliance industries Laid off 42,000 employee

There is big layoff 50% in reliance retail - jiomart B2B business.

Reasons
Very poor management, aggressive hiring, creating business that does not exist,  downfall of business.

Compensation -

Asked people to resign & said to serve notice 90 days.
No additional support or benefit.

Layoff in Reliance Retail

Analyst

https://zeenews.india.com/companies/over-50000-employees-laid-off-by-153-companies-globally-in-2023-so-far-as-google-joined-the-league-2563912.html

Alphabet and Google CEO Sundar Pichai announced in an email sent to affected employees to lay off 12,000 employees globally. It joins the league of other companies like Microsoft, Salesforce, Vimeo to fire their employees in 2023 till now.

Over 50,000 employees laid off by 153 companies globally in 2023 so far as Google joined the league

Massive layoffs

Customer Experience

Have heard that the company is firing people left right and centre. Sales people are living quarter to quarter. BDRs are being asked to go. Growth team has dissolved. Customer success folks are being fired. COO has resigned. Jio has tightened its funding purse. Toxic culture all around!

Utterly clueless company !!

Layoffs at Jio Haptik!!

UX/UI Designer

https://www.moneycontrol.com/news/business/startup/info-edge-ventures-backed-1k-kirana-lays-off-40-workforce-to-restructure-business-10359421.html

1K Kirana 40% layoff 600 ppl

People from mid and top management (with fat paycheques) across org laid off on friday & today. About 100-120 people affected. 

Source: Heard from a friend. + mentioned in the Cross org emails by mukesh

Layoffs at cult.fit & cultsports

Product Designer

My friend informed that silent layoffs are expected in Gojek today

Layoff Gojek

According to a report, Amazon will be terminating 10,000 jobs starting this week, which represents less than 1% of its 1.5 million global employees and around 3% of the company's corporate staff.

Amazon to layoff 10,000 employees

https://www.cnbc.com/2024/02/14/cisco-cutting-5percent-of-global-workforce-in-restructuring-move.html

Cisco to layoff more than 4000 - That is some big number!

Data Scientist

India CEO Arjun Mohan has kicked off a massive restructuring exercise that may lead to 4,000-5,000 job cuts

BYJU'S LAYOFFS : 4,000-5,000 employees to be let go

Program Manager

Welcome to Office Gossip's Private Community

Hey everyone,  
 
What is the Watercooler for: a place to hang around and chat just about anything - without having a specific topic to discuss.  
Also sorry I had a late night yesterday and hence creating this a bit late today 😅
 
Look forward to hearing from y'all :)

Daily Watercooler (15th June)

Founder

As per internal company sources: This is big like 500+, lots of folks cut in platform teams, brand teams, marketing teams, business teams, product and tech. Wish everyone there all the best. This shall too pass!

Layoff at BYJUS as mentioned by articles

Hired lionel messi to promote brand and cuts employees to save costs.  
  
 What a fucking high IQ C suite the company has🤣 piece of shits, thats why never work for Indian companies. No morals

AI Engineer

Growth Manager

There had been a bloodbath at Hero Vired. Most of the Bengaluru office has been laid off. All this was done very suddenly. They are now hiring in New Delhi. Stay away from this company, its a pack of cards waiting to fall. They will try to hire people telling them about the hero brand name, don’t fall for it, its being run by their most incompetent family member, Akshay Munjal. Stay away and spread the word.

That’s massive- 11k to be laid off @jioMart

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