The Reliance Retail has declined to renew contracts of 1200 employees, which implies that few employees of the chain will be sacked. The company has, however, refused any jobcuts
As per sources, some of the Reliance Retail staffs being sacked are direct sales agents. The sources have also said that majority of Reliance Retail staffs are not on the payroll of the company.
However, there is relief for some of the employees as the company is trying to relocate the permanent employees within company or the group and the Human Resource Department is also trying to find alternative jobs for some outside the group, said sources.