No firing, only hiring at ADAG – Anil Ambani
In the midst of massive layoffs being announced by various corporate houses hit by a global economic slowdown, Anil Ambani group today said it is not planning any job reduction and is rather planning to create up to 90,000 employment opportunities in the next few months.
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120 lose jobs as BPO shuts on Reliance pullback
It was a bolt from the blue for 120 employees of FCS Software Solutions Ltd when the company sacked its entire workforce in Chennai. The move came after its client, Reliance, reportedly stopped outsourcing its business as a cost cutting measure. Reliance Web World will now do the work, the employees were told.
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Unemployable engineers in India
Bangalore may have many engineering students, but it looks as though many of them may be clueless about what they studied. In Bangalore alone,25,000 engineering graduates are produced every year. But a recent survey shows that more than 30% of them are not skilled enough to be employed. In other words, they don’t know what they’ve studied or why they took it up in the first place.
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Reliance Retail to layoff 600
As per report from ET, Mukesh Ambani’s Reliance Retail might slash 600 job from its support service functions.
Reliance Retail to close stores, cut operation size
Not a great festive season for Reliance Retail
Several senior expat executives, who were readying for the Christmas and year-end holidays, are now being told not to return, company and industry sources told ET.
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Reliance Life has big hiring plans. 2,500 managers, 90k advisers by March
As per ET report, Reliance Life Insurance is set to hire 2,500 managers, besides 90 thousand advisers in the next four months.
“We are planning to add close to 2,500 employees and 90,000 advisers by the end of March next year,” Reliance Life Insurance Chief Executive Officer P Nandagopal said.
Not a great festive season for Reliance Retail
This festive season’s not given Reliance Retail much to cheer about. High inflation and rising interest rates seem to have kept the consumer away. And though there have been some signs of promise from jewellery, electronics and apparel, footfalls in other formats have been disappointing.
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Reliance Retail to close stores, cut operation size
Story on LiveMint said that Reliance Retail Ltd, an arm of Reliance Industries Ltd (RIL), India’s biggest company by market value, has embarked on a restructuring exercise that involves shutting, relocating or resizing at least 200 of its smaller stores, said two persons familiar with the development.
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Reliance Telecom faces security staff turmoil over job layoffs
Reliance Telecom’s decision to cut down the number of security personnel for guarding the mobile towers in North Bengal has reportedly initiated anger among the security guards under the North Bengal Tower Security Guard and Employees’ Welfare Association (NBTSGEA), who as a revolt to this decision tried to switch off one of the tower of the company. Read more




