Layoffs19mo
Layoffs
on
WobblyLlama
Reliance Store / Jiomart
Reliance Store aka Jiomart laying off 📴 insider from Gurgaon said that.
16mo ago
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Curated from across
Reliance Store aka Jiomart laying off 📴 insider from Gurgaon said that.
Possible, they have lot of folks trying to make their E commerce and grocery delivery segment work. Recently they got Milkbasket and fired a lot of people. For JioMart too, they have several people from different orgs like NetMeds, Fynd, Core Jio Etc. Too many cooks Too little improve Too much Chaos. Source: Navi Mumbai me betha hai, according to him lowest rated (below expectations performing) folks have already been asked to resign
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...
Just read this after getting to know earlier today that one of the cofounders have resigned. Didnt even know that the cofounders never had a stake, they’d just get a salary. Super weird.
Not the first nor the last. Haptik was probably one of the early ones that got arsenic poisoned post Jio acquisition...