Zee's Major Layoffs

Zee Entertainment aims for a 20% EBITDA margin by 2025-26, initiating a 15% workforce reduction. This significant step could impact around 700 employees.

Source: Economic Times

Cost-Cutting Strategy

To achieve financial targets, Zee recently dismissed 50% of its Technology & Innovation Centre staff, aiming to halve its ₹600 crore expenditure.

Source: Economic Times

Leadership Shake-Up

Zee's restructuring sees top executives exit, including Rahul Johri and Punit Misra, signaling a major overhaul in corporate strategy

Source: Economic Times

A New Direction

Post the Sony merger collapse, MD Punit Goenka takes a direct approach, overseeing both revenue and content in the new company structure.

Source: Economic Times

Tech at the Forefront

With the streaming platform ZEE5 relying on tech, TIC executives now temporarily report to Amit Goenka, underlining tech's pivotal role.

Source: Economic Times

Empowering Teams

Amidst these changes, Punit Goenka proposes elevating team members for greater responsibilities, fostering an empowered workforce.

Source: Economic Times