Mukesh Ambani, Isha Ambani firm to sack 9000 employees days after Rs 2,850 crore deal - News Summed Up

Mukesh Ambani, Isha Ambani firm to sack 9000 employees days after Rs 2,850 crore deal


(File)Mukesh Ambani owned and Isha Ambani led JioMart recently sacked 1000 employees. According to reports, the company wants to give a pink slip to two-third of the company's 15,000 staffers. The Reliance Retail Ventures Limited had recently acquired Metro Cash and Carry's 31 stores for Rs 2,850 crore. The Mukesh Ambani owned company is also cutting its 150 fulfillment centres by half. Reliance Retail Ventures Limited scored a profit of Rs 2415 crore in the fourth quarter of 2022-2023.


Source: dna May 26, 2023 21:44 UTC



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