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India’s Zee Chief to Prune Workforce by 15%, Proposes Lean Management Structure After Unsuccessful Sony Merger
Punit Goenka, MD and CEO of Indian media conglomerate Zee Entertainment Enterprises Limited, is trimming the organization's workforce by 15%.
Punit Goenka, MD and CEO of Indian media conglomerate Zee Entertainment Enterprises Limited, is trimming the organization’s workforce by 15%. “In line with his overall strategic approach, the MD and CEO has initiated the process of rationalization of the workforce by 15%, that will prune the staff strength across the company to arrive at a streamlined team that is sharply focused on the set goals for the future,” Zee said in a statement on Friday. The streamlined team at Zee will maintain a sharper focus on targeting higher levels of productivity to drive growth in order to generate value for all our stakeholders going forward.”
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