Reliance Industries to slash 90,000 new hires in FY26; AI and economic challenges take toll
मुख्य बातें
- •Reliance Industries has decided to reduce new recruitments by 90,000 in FY26.
- •Jio Platforms saw a 21% decline in its workforce.
- •AI, economic uncertainty, and evolving business models are key reasons behind the hiring slowdown.
- •The retail business witnessed a 17% increase in employee count.
- •Recruitment experts forecast a 10% drop in new hiring demand over the next 12 months.
India’s largest company, Reliance Industries Limited (RIL), has decided to reduce new recruitments by 90,000 during FY26. This move comes at a time when global economic uncertainties, the rising impact of artificial intelligence (AI), supply chain disruptions, and recessionary pressures have put business plans to the test. In its annual report, the company stated that its total workforce will exceed 4.19 lakh by March 31, 2026, with nearly 1 lakh new employees added compared to the previous year. However, this figure is roughly 90,000 fewer than the 1.9 lakh new hires recorded in the prior year.
RIL’s employee count across its various business units has seen uneven changes. Jio Platforms Ltd. has experienced the steepest decline. By the end of FY26, Jio will have 74,822 employees, down from 94,523 the previous year—a drop of nearly 21%. The company attributes this reduction partly to a shift in its home business model, where employees are now offered the option to work as ‘micro entrepreneurs’ instead of full-time staff. The media and entertainment segment has also seen an 8% dip in workforce, while the oil-to-chemicals business has witnessed a decline of over 6%. In contrast, the retail business has grown its headcount by 17%, reaching 2,90,293 employees.
