Columns

Mukesh Ambani, Retail Information, ET Retail

.New Delhi: Communicating at the 47th yearly overall conference of Dependence Industries, Mukesh Ambani, chairman and also handling director of Reliance Industries, said that the empire created 1.7 lakh brand new work last year. The comments followed a recent record of Reliance cutting off 11 per cent of its workforce in FY24, which is actually around 42,000 staff members. Ambani stated that the provider has actually embraced brand new incentive-based job models along with standard direct jobs. "Instead of merely the conventional direct job style, Reliance is welcoming newer incentive-based designs. This aids the staff members earn far better and also instils the character of enterprise in them. That is why the direct employment varieties present a slight dip in the annual amounts, although the total job produced by Dependence has actually climbed," Ambani claimed. He even more included that the firm in 2013 incorporated over 1.7 lakh brand-new projects. "If our company include both standard and also more recent engagement versions, the roll call today is actually virtually 6.5 lakhs." Depending on to Dependence's yearly document, the worker strength at the provider stood at 3,47,362 in FY24 compared to 3,89,414 a year earlier. The intake of new employees was slashed through more than a third to 1,71,116.
Posted On Aug 29, 2024 at 02:36 PM IST.




Participate in the community of 2M+ market specialists.Subscribe to our email list to acquire latest insights &amp review.


Download And Install ETRetail App.Acquire Realtime updates.Save your favourite posts.


Browse to install App.

Articles You Can Be Interested In