Top-level exits mark restructuring process at Disney India

Workforce has been cut down by 90 to 510, company will see new structure under new MD Mahesh Samat

 

Disney India is likely to spend much of this year restructuring operations.

The decision, sources reveal, came on the back of some bets that went wrong. As a result, the company felt the best course was to take a step back and re-evaluate the strategy in Bollywood film production. 

Recently, Siddharth Roy Kapur, who had taken the reins of the company in January 2014, was replaced by Mahesh Samat, an old hand at the House of Mouse.

Industry sources reveal Disney India’s workforce has been cut by 90 from 600. It is still not clear whether the layoffs will continue. Junior