Mukesh Ambani employed 20 people every hour

New Delhi: At the AGM of Reliance Industries, Mukesh Ambani, calling the news of job cuts fake, informed that he has employed about 20 people every hour in the last financial year. After which the number of employees working in Reliance Industries has increased to about 6.5 lakhs. During the AGM, the company’s shares saw a good rise. After the year 2029, there was a surge in the shares during the AGM of Reliance. Let us also tell you what kind of information Mukesh Ambani has given about the job.

Describing the news of job cuts in the company as misleading, Chairman and Managing Director of Reliance Industries Limited Mukesh Ambani said on Thursday that the group has employed 1.7 lakh people in the last financial year. With this, the total number of employees of the company has increased to more than 6.5 lakhs. It is noteworthy that in the company’s annual report for the last financial year 2023-24, it was said that there would be a significant reduction in the number of employees. On this, Chairman Mukesh Ambani said that the reason for the decline in the number of employees was the choice of a different model of employment by the employees and not their layoff.

He said that the nature of employment generation is changing globally, mainly due to technological intervention and flexible business models. Therefore, Reliance is adopting a new incentive-based engagement model, instead of just the traditional direct employment model. This helps employees to earn better and creates a spirit of enterprise in them.

This is the reason why there has been a slight decline in the annual figures of direct employment. However, the total employment generated by Reliance has increased. Ambani ranked employment generation for the youth of India as the top national priority. He said that many agencies have ranked Reliance as India’s best employer. Reliance is one of the largest employers in India.