Friday, September 01, 2006

Reliance follows Wal-Mart business model

According to The Economic Times, Reliance Retail is planning to follow Wal-Mart’s business model of keeping costs to a minimum and plans to outsource its requirement of staff through a franchise-managed store model. The company plans to operate via several agencies in each area to source its front end staff, keeping only a few on their own payrolls and reducing long term costs.

The company is concerned about its employees forming unions as Reliance Retail will become the largest employers of the private sector with 500,000 employees once it starts operations in full force.

Read the full article here.

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