Zee layoffs: Zee Leisure started price slicing measures together with shedding 50 per cent of its tech workforce at its innovation centre in Bengaluru. This comes as after the dissolution of the corporate’s potential merger with Sony. The corporate stated in a press launch, “Actioned by its MD & CEO, Punit Goenka, the steps are in line with his approach to optimise the resources and arrive at a cost-effective structure to drive continued growth for the company.” Zee layoffs: This comes as after the dissolution of the company’s potential merger with Sony.(Reuters) Zee layoffs: How many employees will be laid off?The company did not disclose the number of employees laid off. Hindustan Times – your fastest source for breaking news! Read now. Zee layoffs: What the company said on the move?The company said that the the innovation centre will aim to enhance overall content creation, distribution and monetisation process for the company. Speaking on this decision, Punit Goenka, MD & CEO, ZEE, said, “We are laser-focused towards creating exceptional content that is rich and engaging for our viewers. We have a huge responsibility on our hands to live up to the expectations of billions of viewers across the globe and we will continue to win their hearts. To achieve this, we need the blend of a creative approach, detailed consumer insights and futuristic technology solutions.” What’s taking place at Zee?This comes weeks after Nitin Mittal resigned as President of Expertise and Knowledge at Zee. Amrit Thomas will likely be accountable for knowledge science, Kishore Krishnamurthy will head engineering, Bhushan Kolleri will take care of product, and Vishal Somani will likely be accountable for enterprise and content material expertise, the corporate knowledgeable. Unlock a world of Advantages with HT! From insightful newsletters to real-time information alerts and a customized information feed – it is all right here, only a click on away!- Login Now! Keep knowledgeable on Enterprise Information together with Gold Charges At this time, India Information and different associated updates on Hindustan Occasions Web site and APPs ABOUT THE AUTHOR Comply with the most recent breaking information and developments from India and around the globe with Hindustan Occasions’ newsdesk. From politics and insurance policies to the economic system and the surroundings, from native points to nationwide occasions and world affairs, we have you lined. …view element Information / Enterprise / Zee layoffs: Firm cuts 50% of its workforce at tech centre in Bengaluru
#Zee #layoffs #Firm #cuts #workforce #tech #centre #Bengaluru
Discover more from Learn Finance by Managing Finance
Subscribe to get the latest posts sent to your email.