Key Points
Zee Entertainment on Friday said that it has reduced the workforce at its Technology and Innovation Centre in Bengaluru by about half, after recommendations by a company-formed review panel to cut costs...
Gopalan and audit committee chairman Prakash Agarwal, had suggested that Zee should substantially reduce losses in its businesses, including its English-language TV channels, and cut costs in other areas to meet a key profit target, the company said on Tuesday...
The committee also recommended reducing expenses at Zee's technology and innovation center by half in fiscal 2025, compared to the previous year's 6 billion rupees ($72 million), the company stated...
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