Grapevine
Download
Layoffs
Layoffs
on
DerpyMuffin
DerpyMuffin
Stealth

Reliance Retail Layoff

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

19mo ago
Find out if you are being paid fairly.Download Grapevine
FloatingQuokka
FloatingQuokka
Reliance Industries19mo

I can confirm Its in jiomart b2b business

Also called as jiomart partners

Basically selling to kirana stores

WigglyKoala
WigglyKoala
Radisys19mo

Any impact on other reliance business

FloatingQuokka
FloatingQuokka
Reliance Industries19mo

All loss making segments of reliance retail will come under scanner.

SwirlyTaco
SwirlyTaco
OYO19mo

jiomart should be closed as noone can survive in grocery segment .once the funding stopped -> discount stopped -> customer dropped

ZestyKoala
ZestyKoala
Stealth19mo

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.

QuirkyBoba
QuirkyBoba
Porter19mo

Why will they do that?

DerpyMuffin
DerpyMuffin
Stealth19mo

Why are other firms laying off. To reduce costs.

GigglyWalrus
GigglyWalrus
Stealth19mo

Apparently the workforce from metro and future is yet to be settled

CosmicSushi
CosmicSushi
Stealth19mo

Not sure about the 80% number but yes, RRL is laying people across all businesses. Urban Ladder too.

CosmicJellybean
CosmicJellybean
Novartis19mo

80% is unexpected.

Discover more
Curated from across
Layoffs
Layoffs19mo

Layoff in Reliance Retail

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...

Office Gossip
Office Gossip18mo

Daily Watercooler (15th June)

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 😅

...