SparklyCupcake
SparklyCupcake

42,000 employees laid off in FY24 in Reliance

This is for all those people who shit on startup’s for layoffs saying big companies like Tata, reliance run their businesses better without layoff.

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ZestyPretzel
ZestyPretzel
Swiggy10mo

It includes attrition and layoffs

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News Discussion
by DerpyBobaSoftware Developer

Reliance industries Laid off 42,000 employee

Job market is brutal in all industries

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Top comments
user

That marriage sure was expensive

user

We should be doing moonlighting, without any second thought.

user

Vishwaguru government had cut the corporate tax saying they will create jobs. The reality is that now salaried class ...

Layoffs
by TwirlyMuffinStrategy & Operations

Dunzo lays off 75% of the employees, workforce down to 50.

Dunzo, the hyperlocal and quick-commerce startup, has announced a fresh round of layoffs, impacting 150 employees. With a 75 per cent cut in its workforce, Dunzo will have just 50 employees in its core supply and marketplace teams, accor...

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user

I'm not at BlinkIt anymore. It's just the truth anyway. When the tough gets going, it's the baniya businessmen who st...

user

Next in line are Zepto, and Blinkit

Office Gossip
by SquishyBobaSoftware Engineer

Things not looking good for Dunzo - 50% Salary paid to Managers and above this month

  • Severe cash crunch
  • The remaining 50% of salary is expected to be paid on 15th July
  • Reliance not willing to invest more funds
  • Talks ongoing with PhonePe and Paytm for acquisition (Dunzo would support their ONDC backend deliver...
Top comments
user

Okay, unrelated but I have heard reliance invests to destroy. Most of reliance new age investments, major stakes are ...

user

Yes they are going to fire employees across verticals on 29 July

user

Ah that’s why they’re sending less spam these days

Office Gossip
by JumpyWaffleGrapevine

Daily Watercooler (15th June)

Hey everyone,

What is the Watercooler for: a place to hang around and chat just about anything - without having a specific topic to discuss.
Also sorry I had a late night yesterday and hence creating this a bit late today 😅

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