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Reliance laid off 42,000 employees in FY24 Reliance Industries laid off around 42,000😨 employees in FY24 compared to a year ago, according to its latest annual report. RILs employee strength stood at 347,362 in FY24 compared to 389,414 in FY23, meanwhile the number of new recruits was slashed by more than a third to 171,116. Reliance Retail alone accounted for 38,029 of the 42,052 fewer employees.
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JioHotstar to Lay Off 1100+ Employees? In a significant development following the merger of Reliance Jio and Disney, JioHotstar has reportedly laid off 1,100 employees. This decision comes despite the platform achieving a record-breaking 669 million
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