Times Internet lays off nearly 100 staffers

Times Internet lays off nearly 100 staffers

The Times Group entity says it is ‘streamlining’ operations.

Times Internet, which houses the digital properties of the Times Group, has laid off nearly 100 staffers, according to an executive at the group, who requested anonymity.

In an official statement to The Morning Context, a Times Internet spokesperson says the move is a result of “streamlining” operations, and it is a “one-time exercise” and a “right and necessary decision towards building a strong and sustainable business”.

The affected staffers form 5% of the workforce at Times Internet, according to the statement. “All affected employees are receiving full severance irrespective of tenure or contract with the company,” says the spokesperson. …

Author

Ayush Tiwari

Ayush reports on the travails of the media and social media platforms in India. He was previously at Newslaundry, where he reported on sectarian violence and politics from Northeast India, Kashmir and North India.

Writer

ayush@mailtmc.com

Delhi

Leave a Reply

Your email address will not be published. Required fields are marked *