Mass layoffs at News Nation amid cost-cutting measures, rumors of sale intensify
Staff from output, input, research, video and editorial teams have been affected
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Published: Dec 14, 2024 7:01 PM | 2 min read
Hindi news channel News Nation is reportedly undergoing a major crisis marked by large-scale layoffs. Reliable sources confirm that several journalists across departments, including TV, digital, national teams, and technical roles, were let go on December 13.
Staff from output, input, research, video and editorial teams have been affected.
According to insiders, the layoffs were communicated via email, phone and direct calls. In some instances, resignations were allegedly coerced, though no official statement has been issued by the channel's management.
While News Nation had implemented layoffs earlier this year, the process was paused temporarily. Increments were even announced last month, creating an illusion of stability. However, the sudden resumption of layoffs has now left many employees in shock. Sources suggest this move is part of a cost-cutting strategy amidst the channel's internal crisis.
It is believed that the layoff process might intensify in the coming days, raising concerns about further job losses.
Adding fuel to the fire are industry rumors suggesting that News Nation's management is preparing to sell the network. Reports indicate that cost-cutting measures, including workforce reduction, are being undertaken to streamline operations ahead of a potential sale. While these speculations remain unverified, they have gained momentum, contributing to the prevailing atmosphere of anxiety among employees.
The layoffs have created a palpable sense of insecurity within News Nation's workforce. Many journalists, who had been associated with the channel for years, were reportedly asked to resign abruptly. The incident has sent shockwaves across the media industry, with peers closely monitoring the developments.
Efforts to reach News Nation’s management for comments were unsuccessful.
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