JioMart, the e-commerce platform of Reliance Industries, has laid off employees on a large scale (JioMart Layoff News). According to the report published in Economic Times, the company has shown the way out to more than 1000 employees. The company's decision to lay off comes after the acquisition of the recently bought company Metro Cash and Carry. It is worth noting that Geomart is preparing for further layoffs.
According to the report published in the Economic Times, a total of more than 15,000 employees work in Geomart, in which at least two-thirds can be cut. In such a situation thousands of employees may be affected. However, make it clear that till now Reliance Retail has not given any statement on this matter. Significantly, to meet its expenses, the company is showing the way out to the employees on such a large scale.