Sony Pictures India plans to reshuffle top roles, cut jobs
Culver Max Entertainment, which operates under the Sony Pictures Networks India (SPNI) brand name, is set to restructure its operations by reshuffling senior management and initiating cost-cutting measures, as it recalibrates its business strategy amid tough market conditions.
The plans include laying off over 100 employees, said sources privy to the development.
The company, which owns and operates 28 TV channels such as Sony Entertainment Television (SET) and Sony Max, besides streaming platform SonyLIV, is likely to outsource post-production work, which could impact a sizeable chunk of the jobs, they added.
