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Reliance ADAG says no firing; hiring up to 90,000 people
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Reliance ADAG says no firing; hiring up to 90,000 people
19 Dec 2008 Mumbai: In the midst of massive layoffs being announced by various corporate houses hit by a global economic slowdown, Anil Ambani group today said it is not planning any job reduction and is rather planning to create up to 90,000 employment opportunities in the next few months.
Debunking the reports that the group is laying off 6,000 people in its financial services and entertainment businesses, a spokesperson said, "There are no layoffs."
"In fact, the coming three months are high investment period for tax saving products and we are going to appoint almost 75,000 to 90,000 agents and sales representatives in the coming months," he added.
Earlier this month, Reliance Life Insurance`s chief P Nandagopal said that the company would recruit 90,000 insurance agents and 2,500 sales managers by March 2009.
Source:
http://economictimes.indiatimes.com/News/News_By_Industry/Jobs/Reliance_ADAG_say
Debunking the reports that the group is laying off 6,000 people in its financial services and entertainment businesses, a spokesperson said, "There are no layoffs."
"In fact, the coming three months are high investment period for tax saving products and we are going to appoint almost 75,000 to 90,000 agents and sales representatives in the coming months," he added.
Earlier this month, Reliance Life Insurance`s chief P Nandagopal said that the company would recruit 90,000 insurance agents and 2,500 sales managers by March 2009.
Source:
http://economictimes.indiatimes.com/News/News_By_Industry/Jobs/Reliance_ADAG_say
