Reliance Retail Layoff
Can anyone confirm. Reliance Retail laying of 80% workforce from JioMart.
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I can confirm Its in jiomart b2b business
Also called as jiomart partners
Basically selling to kirana stores
Any impact on other reliance business
All loss making segments of reliance retail will come under scanner.
jiomart should be closed as noone can survive in grocery segment .once the funding stopped -> discount stopped -> customer dropped
Have you been to their Reliance grocery retail stores? They have similar prices (for grocery). So they are not exactly discounting beyond their means for grocery at least.
Not sure about the 80% number but yes, RRL is laying people across all businesses. Urban Ladder too.
80% is unexpected.
Reliance JioMart cuts 1,000 jobs and to eliminate thousands more, report says | TechCrunch - https://techcrunch.com/2023/05/22/reliance-jiomart-to-cut-11000-jobs-report-says/
Yes it's confirmed. it's JioMart B2B vertical. All B2B vertical of Reliance are being laid off.
If you have confirmed info on this, please reach out to me on monkeknight@proton.me
Yep, stories are coming out that b2b teams will be hit and massive changes on cards
The reliance fresh near me has laid off a few of their staff !