Reliance axes over 1,000 JioMart employees; more layoffs to follow


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JioMart, the online wholesale arm of Reliance Industries, has fired over 1,000 employees. The move is part of the company's plan to consolidate JioMart's B2B business. According to Economic Times, the layoffs are part of a larger round of terminations which will affect around two-thirds of JioMart's 15,000-strong workforce.