Reliance Industries Cuts Workforce by 42,000 in FY24, Emphasizes Cost Efficiency and Reduced Hiring
Mumbai, August 8, 2024 — In a significant move aimed at streamlining operations and enhancing cost efficiency, Reliance Industries Limited (RIL), India’s largest conglomerate, has reduced its workforce by 42,000 employees in the fiscal year 2024 (FY24). The decision, which is part of a broader strategy to optimize operations, reflects the company’s focus on improving … Read more