India, March 7 -- JioStar Kicks Off Layoffs Post Consolidation

Following the Reliance-Disney India merger last year, the newly minted broadcast giant JioStar is now laying off employees in droves. The consolidated entity is slashing 1,100 jobs as part of a restructuring exercise to eliminate redundant and overlapping roles.

The layoffs, which began a month ago, are expected to continue until June at least. The retrenchments impacted teams across the board, including finance, commercial, and legal departments, and ranged from employees at the entry level to the senior director level.

To allay labour concerns, the company claims to be handing out "generous severance" packages. However, the laid off employees will still have to serve thei...