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

Heard from a friend in reliance in a senior role - there would be 6k layoffs. Jiomart and netmeds will get impacted. ...
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