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Mukesh Ambani, Retail Information, ET Retail

.New Delhi: Speaking at the 47th annual general meeting of Reliance Industries, Mukesh Ambani, chairman and managing director of Reliance Industries, claimed that the empire produced 1.7 lakh new work in 2014. The remarks followed a recent record of Reliance cutting off 11 per-cent of its own workforce in FY24, which is around 42,000 staff members. Ambani stated that the business has adopted brand-new incentive-based job styles along with typical direct tasks. "Instead of only the typical direct job model, Dependence is accepting newer incentive-based models. This aids the employees get better as well as instils the character of enterprise in all of them. That is why the direct job amounts present a minor plunge in the annual bodies, although the overall work developed by Reliance has risen," Ambani mentioned. He further added that the provider in 2015 added over 1.7 lakh brand-new tasks. "If our experts consist of both typical and latest involvement models, the roll call today is actually almost 6.5 lakhs." According to Dependence's annual record, the staff member strength at the business stood at 3,47,362 in FY24 compared with 3,89,414 a year earlier. The consumption of brand-new employees was slashed by much more than a 3rd to 1,71,116.
Published On Aug 29, 2024 at 02:36 PM IST.




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