Reliance Retail layoff 2500 employees15 Oct

After the layoff of 1000 employees by Jet Airways, the breaking news is that Reliance Retail , Mukesh Ambani has announced the layoff of 2500 employees. The retail industry is also not doing well.

The employees who are sent off are from the places where they are not performing well. These layoffs will really going to effect the youngsters in India. 15 Reliance stores in Noida and Ghaziabad have also been asked to shut down last week, on orders from the police, though staff there have not yet been given the pink slip last month.