ZEE Layoffs Workforce By 15% To Cut Costs

(20 second reading) Zee Entertainment Enterprises Ltd said its MD & CEO Punit Goenka has initiated a process of rationalisation of workforce by 15 per cent to prune staff strength across the company to arrive at a streamlined team that is sharply focused on the set goals for the future

ZEEL said Goenka has proposed a lean organisation structure to the board with a lateral structure while identifying broadcast, digital, movies and music as core business units.

As per ZEEL’s annual report for 2022-23, the number of permanent employees on the roll of the company is 3,437.

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