Tesla CEO Elon Musk is cutting 10 percent of the company’s workforce. Musk said it needs to be ‘lean, innovative and hungry’, in a memo sent to employees.
Author: Delshad Irani
Goafest 2024 to happen in Mumbai due to Lok Sabha polls; Ad fest to take place on 30-31 May
India’s premier ad festival Goafest 2024 is likely to take place in Mumbai. The 2024 event’s duration is expected to be two days instead of the usual three days.
ZEE Media to invest Rs 8.76 crore in “PR tech platform” NewsReach
ZEE Media, through its wholly owned subsidiary IDPL, has entered into an agreement with media, PR and advertising firm Vyomeen Media Pvt Ltd (NewsReach) to invest Rs 8.76 crore.
Digital commerce experiences get boost with composable storefront solutions
LTIMindtree has introduced composable storefront solution on Salesforce to quick-launch digital commerce experiences.
ZEE Layoffs: More job cuts at ZEE expected this week as part of on-going cost cutting measures
Staff reductions are anticipated at ZEE this week with CEO Punit Goenka prioritising cost frugality, optimisation and investing in high-quality content.
Calcutta HC grants Emami interim relief in Fair & Handsome trademark infringement case against HUL
The court also added that it is a foreseeable consequence that Emami’s business and goodwill will be damaged due to the misrepresentation.
Publicis Groupe Q1 2024: Chairman Arthur Sadoun says, expect to grow twice as fast as the industry average
Publicis Groupe accelerated its organic growth in Q1 2024, delivering +5.3 percent, ahead of expectations, the company stated.
L’Oreal India’s Pankaj Sharma elevated to MD – Consumer Products Division for Australia, NZ
Raagjeet Garg will take over from Pankaj Sharma as Director – Consumer Products Division (CPD) for the beauty major’s India market.
Sony Pictures Networks India and Formula E announce three-year media partnership
SPNI will broadcast all races of the Championship’s tenth season on Sony Sports Network channels on television. Fans will be able to stream all practice sessions live, as well as qualifying and races this season, on SPNI’s OTT platform, Sony LIV.
Cannes Lions launches LIONS Creators, a first-ever creators experience at the festival
LIONS Creators has been established in collaboration with creators from around the world who all see the value in convening, doing business and learning from each other at the Cannes Lions International Festival of Creativity.