jumpinglucifer
Reliance Retail Layoff
Can anyone confirm. Reliance Retail laying of 80% workforce from JioMart.
18mo ago
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Curated from across
Can anyone confirm. Reliance Retail laying of 80% workforce from JioMart.
I can confirm Its in jiomart b2b business
Also called as jiomart partners
Basically selling to kirana stores
Any impact on other reliance business
All loss making segments of reliance retail will come under scanner.
jiomart should be closed as noone can survive in grocery segment .once the funding stopped -> discount stopped -> customer dropped
Have you been to their Reliance grocery retail stores? They have similar prices (for grocery). So they are not exactly discounting beyond their means for grocery at least.
Not sure about the 80% number but yes, RRL is laying people across all businesses. Urban Ladder too.
80% is unexpected.
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 s...
That marriage sure was expensive
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 😅
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An acquaintance of mine is planning to join Reliance India in the next few weeks. How is the work culture there?
