Reliance Layoffs 42,000 Employees

Reliance Industries has reduced its workforce by 42,000 employees in FY24, marking an 11% decrease in its total workforce. 

This reduction is part of a broader strategy focusing on cost-efficiency and reduced hiring. 

The move has sparked discussions on social media about the impact on employees and the broader economic implications, including concerns about job creation and the justification of corporate spending on events like weddings. 

The layoffs have been attributed to various factors, including automation, store closures, and a shift in business priorities.