Post on Medial

Anonymous

Anonymous

Stealth • 3m

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.

7 replies3 likes
Replies (7)

More like this

Recommendations from Medial

Image Description

Jayesh Titurkar

Stealth • 2m

Cash-strapped Dunzo cuts workforce to 50 as it searches frantically for capital . . . BENGALURU :Reliance Retail-backed Dunzo has laid off 150 employees in a fresh round of layoffs, leaving the e-commerce delivery firm with just 50 employees in its c

See More
1 replies4 likes

Harsh Dwivedi

 • 

Medial • 6d

Top News of the Day: 1. Indian audio platform Kuku FM, backed by Vertex Ventures, recently underwent a restructuring exercise affecting approximately 300 employees. 2. Honasa Consumer slips into Rs 19 crore loss on restructuring; operating revenue

See More
0 replies22 likes
4
Image Description

Harsh Dwivedi

 • 

Medial • 2m

Top News of the Week: 1. Funding: - During the week, 26 Indian startups raised around $421.29 million in funding. These deals count 4 growth-stage deals and 16 early-stage deals while 6 startups kept their transaction details undisclosed. - On a w

See More
2 replies37 likes
5
Image Description

Harsh Dwivedi

 • 

Medial • 6m

Top News of the Week: 1. Funding: - On a weekly basis, startup funding declined 28% to $222.7 million as compared to around $310 million raised during the previous week. - During the week, as many as 27 Indian startups raised nearly $222.7 millio

See More
2 replies42 likes
3
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 2m

Top News of the Week: 1. Funding: - During the week, 36 Indian startups raised around $628.24 million in funding. These deals count 14 growth-stage deals and 17 early-stage deals while 5 startups kept their transaction details undisclosed. - Among

See More
2 replies44 likes
1

Harsh Dwivedi

 • 

Medial • 17d

Top News of the Day: 1. Spinny cuts FY24 net loss to Rs 590 crore; revenue up 14% on year to Rs 3,275 crore 2. Kenko Health Founder Alleges IRDAI Red Tape To Blame For Shutdown 3. Bajaj Broking and SBI Securities advise investors to consider subsc

See More
0 replies31 likes
2
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 3m

Top News of the Day: 1. Windows 0-day was exploited by North Korea to install advanced rootkit 2. Peer-to-peer lending platforms in India are concerned about the provisions introduced by the Reserve Bank of India (RBI), stating that they might not

See More
3 replies42 likes
5
Image Description

Harsh Dwivedi

 • 

Medial • 2m

Top News of the Day: 1. Apple Inc. has laid off approximately 100 employees in its services group, signaling a shift in priorities for the division. 2. Social media platform X experienced a brief outage on Tuesday night, lasting less than an hour.

See More
2 replies35 likes
1

Harsh Dwivedi

 • 

Medial • 4m

Top News of the Week: 1. Funding: - This week, 24 Indian startups raised around $270.3 million in funding. These deals count 4 growth-stage deals and 20 early-stage deals. - Among the growth-stage deals, 4 startups raised $234.2 million in funding

See More
0 replies26 likes
7
Image Description

Harsh Dwivedi

 • 

Medial • 7d

Top News of the Day: 1. SaaS startup Zeplyn raises $3 million from Leo Capital, others 2. India's food and grocery delivery firm, Swiggy, made a strong stock market debut, listing at a 5.6% premium to its IPO price of Rs 390. 3. Prosus offers to i

See More
1 replies27 likes
4

Download the medial app to read full posts, comements and news.