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
Zee's Goenka Leads by Example with 20% Salary Reduction
According to the company's annual report, the CEO was paid ₹35 Crore in FY23. This amount consisted of ₹21 Crore in salary and benefits.
Source: indiainfoline.com
ZEE CEO Punit Goenka to take 20 per cent salary cut, says company
Zee Entertainment Enterprises Limited management under Goenka is implementing all measures across its verticals to "optimise costs and enhance productivity
Source: hindustantimes.com
Zee lays off 50% staff at its Bengaluru-based Technology and Innovation Centre
India Business News: NEW DELHI: Zee Entertainment on Friday said it has "pruned" its Technology and Innovation Centre (TIC) by about 50 per cent following the guidance of .
Source: indiatimes.com