Cost cutting at Zee: Punit Goenka proposes to cut 15% workforce for leaner organisation structure
On April 2, Goenka announced his decision to implement a 20 per cent reduction in his remuneration.
Source: businesstoday.in
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Zee's Punit Goenka proposes to cut 15% workforce, eyes leaner organisation structure
The media company said that Goenka has 'initiated the process of rationalization of the workforce by 15 percent, that will prune the staff strength across the company.' The core business units of the proposed structure will include broadcast, digital, movies and music.
Source: moneycontrol.com