Get the latest tech news

Indian conglomerate Reliance slashed over 42,000 jobs last financial year


Reliance, India's largest conglomerate, reduced its workforce by 11%, or more than 42,000 people, in the financial year ended March 2024.

Just three months after Maven’s public launch, Kenneth Stanley — the former OpenAI researcher who co-founded the social media platform designed to facilitate serendipitous interactions — is stepping down. Hewlett Packard Enterprise’s (HPE) planned $14 billion acquisition of Juniper Networks is one step closer to completion — the U.K.’s Competition and Markets Authority (CMA) has confirmed that the deal… New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of Reliance

Reliance

Photo of Indian

Indian

Photo of jobs

jobs

Related news:

News photo

Dell reportedly cuts over 12,000 jobs as it seeks to 'streamline' its structure and boost profitability

News photo

Infineon to cut 1,400 jobs globally as tech industry layoffs continue

News photo

Journalists at 'The Atlantic' Demand Assurances Their Jobs Will Be Protected From OpenAI