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 to cut Tech & Innovation Centre staff by 50% thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
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.