Mukesh Ambani said how many people he has employed in the last financial year.
At the Annual General Meeting of Reliance Industries, Mukesh Ambani called the news about job cuts as fake and informed that in the last financial year, he has given work to around 20 people per hour. After which, the number of employees working at Reliance Industries increased to around 6.5 lakh. During the Annual General Meeting, there was a good rise in the shares of the company. After the year 2029, there was a rise in the shares of Reliance during its Annual General Meeting. Let us also tell you what kind of information Mukesh Ambani has given about the job.
How many people were given jobs?
Reliance Industries Limited Chairman and Managing Director Mukesh Ambani on Thursday termed the news of job cuts at the company as misleading and said that the group has provided employment to 1.7 lakh people in the last financial year. With this, the total number of employees at the company has increased to over 6.5 lakh. It is noteworthy that the company’s annual report for the last financial year 2023-24 had said that there would be a significant reduction in the number of employees. On this, Chairman Mukesh Ambani said that the reason for the decrease in the number of employees was employees choosing a different working model and not their termination.
What is the reason for the decline in direct jobs?
He said the nature of employment generation is changing globally, primarily due to technological intervention and flexible business models. Therefore, Reliance is adopting a new incentive-based engagement model, instead of the traditional direct employment model. This helps employees earn better income and inculcates entrepreneurship in them.
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This is the reason why there has been a slight decline in the annual direct employment figures. However, the total employment generated by Reliance has increased. Ambani gave top national priority to the status of employment generation for India’s youth. He said that many agencies have ranked Reliance as the best employer in India. Reliance is one of the largest employers in India.
