Network18 hands over pink slips to employees
As part of its re-structuring strategy, the company has laid off around 300 employees from its editorial and technical departments
As indicated by us few days ago (TV and radio broadcasters take a cautious approach to hiring), Network18 has laid off around 300 employees from its editorial and technical departments.
Some sections of the media have reported that this is part of the re-structuring strategy to cut costs and streamline processes.
When contacted by exchange4media, HR and Administration Heads of the company refused to comment.