JioStar to Lay Off Over 1,100 Employees as Part of Post-Merger Restructuring
Summary: JioStar, the newly formed joint venture between Reliance Industries’ Viacom18 and Disney’s Star India, is laying off over 1,100 employees as part of a restructuring exercise to streamline operations and eliminate overlapping roles. The job cuts, which started in February and will continue through June, primarily affect corporate functions like distribution, finance, legal, and…