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jioStar initiates layoffs amid restructuring following reliance-disney merger

JioStar is laying off 1,100 employees as part of a restructuring following the Reliance-Disney India merger, impacting various departments and levels. The company is offering generous severance packages, but employees must serve a notice period of one to three months. Meanwhile, Licious faces growth challenges, and other startups like Swish and Innoviti are securing significant funding to bolster their operations.
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Indian Rupee Mahindra Logistics Ltd. IND Gaurav Munjal Abhay Hanjura Vivek Gupta Rajeev Misra Bhavish Aggarwal Show more
Business & Industry, News Article
04:52 07.03.2025
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