Zee to reduce workforce by 15% to lower costs
India Business News: Zee Entertainment Enterprises plans 15% workforce reduction post Sony merger cancellation. Three days ago, its MD Punit Goenka said he will take a 20%
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India Business News: Zee Entertainment Enterprises plans 15% workforce reduction post Sony merger cancellation. Three days ago, its MD Punit Goenka said he will take a 20%
Zee Entertainment Enterprises announced that the Technology & Innovation Centre (TIC) will now focus on improving content creation, distribution, and monetization processes using technology-driven tools to understand consumer preferences better.
Zee Entertainment Enterprises announced on Tuesday the formation of a committee to assess its management's business performance and offer guidance. This follows recent failed entertainment deals, including a scrapped $10 billion merger with Sony India and a $1.4 billion cricket broadcasting agreement with Star India.
The program, led by ZEE Chairman R. Gopalan, has been constituted to protect the interests of all stakeholders of the company.