Reliance shifts workforce from O2C to retail and telecom, cutting jobs
Reliance Industries’ workforce is shifting as the group leans into stores, logistics and telecom. Retail employs about 290,293 people and cut 38,029 roles between FY23 and FY24, while Jio adds 74,822 and O2C employs 28,051. Despite the hiring pullback, profit per employee stays steady around ₹18–23 lakh, suggesting a move toward efficiency over expansion.