Layoffs Begin at Sakshi - Inside Talk
The news that sakshi TV was initiating layoffs caused a stir among media groups. Rumour has it that roughly fifty staff received termination letters from the new administration. According to sources, they were given a notice period of 45 days.
The Channel's CEO, who had previously worked for National media, departed right after the election season. Although there are rumours that Sakshi's failure to support the congress PARTY' target='_blank' title='ysr congress-Latest Updates, Photos, Videos are a click away, CLICK NOW'>ysr congress in the elections caused the management to force him to retire, corporate insiders claimed it was a normal matter. The position of Operations Chief has been taken over by an inside person, a woman. A new CEO was not hired.
The Channel's CEO, who had previously worked for National media, departed right after the election season. Although there are rumours that Sakshi's failure to support the congress PARTY' target='_blank' title='ysr congress-Latest Updates, Photos, Videos are a click away, CLICK NOW'>ysr congress in the elections caused the management to force him to retire, corporate insiders claimed it was a normal matter. The position of Operations Chief has been taken over by an inside person, a woman. A new CEO was not hired.
Employees and the media community thus anticipated layoffs. Once more, according to company sources, the only people laid off were those who were hired right before the elections, and they were mostly from the graphics Department. However, there are many rumours of widespread layoffs. In order to relieve the corporation of any burden, a large number of top employees at sakshi Newspaper and Channel were transferred to the government payroll throughout the previous five years.
The corporation will now have to bear this expense, and more significantly, the government will not provide any assistance for the next five years. Therefore, the layoffs could happen soon to lessen the load.