JioStar To Cut Over 1,000 Jobs Post Merger

Share via:


SUMMARY

The media giant kicked off the layoff exercise last month. It is expected to continue till June and will see nearly 1,100 employees losing their jobs

The layoffs will primarily impact finance, commercial, and legal departments, with employees from entry-level to senior director level getting handed pink slips

The OTT platform is also handing out “generous severance” packages to the impacted employees

Months after the completion of merger of the media business of Reliance Industries Ltd (RIL), Viacom18 and The Walt…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

JioStar To Cut Over 1,000 Jobs Post Merger


SUMMARY

The media giant kicked off the layoff exercise last month. It is expected to continue till June and will see nearly 1,100 employees losing their jobs

The layoffs will primarily impact finance, commercial, and legal departments, with employees from entry-level to senior director level getting handed pink slips

The OTT platform is also handing out “generous severance” packages to the impacted employees

Months after the completion of merger of the media business of Reliance Industries Ltd (RIL), Viacom18 and The Walt…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Today’s NYT Wordle Hints, Answer and Help for Dec....

Looking for the most recent Wordle answer? Click here for...

Popular