Zee layoffs: CEO Punit Goenka Cuts 50% of the Technology and Innovation Center at Bengaluru
Zee layoffs
Zee layoffs: At its innovation center in Bengaluru, Zee Entertainment started reducing costs by firing half of its tech staff. This follows the collapse of the business’s proposed merger with Sony. “Acted by its MD & CEO, Punit Goenka, the steps are in line with his approach to optimize the resources and arrive at a cost-effective structure to drive continued growth for the company,” the company stated in a press release.
Punit Goenka, MD & CEO of ZEE, commented on this choice, saying, “We are laser-focused towards creating exceptional content that is rich and engaging for our viewers.” We will continue to win over the hearts of billions of viewers worldwide, but we have a great deal of duty to live up to their expectations. We need to combine a creative strategy with in-depth customer insights and cutting-edge technological solutions to do this.
Zee layoffs: This occurs a few weeks after Nitin Mittal left his position as Zee’s President of Technology and Data. According to the corporation, Amrit Thomas will oversee data science, Kishore Krishnamurthy will oversee engineering, Bhushan Kolleri will handle product, and Vishal Somani will oversee enterprise and content technology.
