Viacom18 and Walt Disney merger effect: Jio to lay off 1,100 employees
JioStar will lay off approximately 1,100 employees to cut overlapping roles after its parent company Viacom18’s merger with The Walt Disney in November 2024, reported Mint, citing multiple sources aware of the matter.
The layoffs, which reportedly began a month ago, are expected to continue until June 2025, as part of a merger-driven restructuring to eliminate redundant roles.
