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It seems hardly any member in this network
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Zee and Sony
Yes, Any idea when this will be completed and how this will impact employees.
As of now, there is some relief for Zee since NCLAT has directed both the stock exchanges to reassess the approvals.
Answering your question about how this will impact the employees.
1. There might be layoffs since they would be merging various entities and restructuring will happen as per the needs.
2. It would be great for the company since they will become the market leader combining the number of channels Zee and Sony operate in all the major categories like Zee and Sony.
3. The merger will take some time internally and might create some chaos and confusion and mostly the budgets will be reduced in order to reduce the overall cost to make P&L look good.
Let me know if there's any specific thing that you want to know.
Thanks for the detailed information, dude.
I would ask staying is better as per current condition OR lookout for better options in the market.
Seems this group is silent for almost a year. Wad expecting suggestions here.
Sorry for the delayed response.
I guess you can take a move since there are a lot of openings now in the media sector. ( Viacom, Shemaroo, Zee)