Mumbai, January 10:  Sony Pictures Networks India (SPNI) reportedly will lay off a significant portion of its workforce as part of a strategic restructuring exercise. According to multiple industry reports, the media major is expected to trim its staff by approximately 100 to 150 employees across various departments. This Sony Pictures Networks India layoffs move comes shortly after a leadership transition at the broadcaster, following the departure of long-standing Managing Director and CEO N.P. Singh, who was succeeded by Gaurav Banerjee.

The layoffs are being viewed as a necessary step for the company to streamline its operations and improve cost efficiency in a rapidly evolving digital landscape. Sources indicate that the restructuring will primarily affect roles in management and support functions as the company seeks to realign its business goals. This decision follows a period of consolidation in the Indian media and entertainment sector, where traditional broadcasters are increasingly shifting focus toward streaming and digital-first content strategies. Microsoft Layoffs Happening in 2026? Satya Nadella-Led Tech Giant Likely Laying Off More People in January Amid AI Growth, Restructuring, Says Report.

Sony Pictures Layoffs, Strategic Realignment Under New Leadership of Gaurav Banerjee

The workforce reduction at Sony Pictures Networks India, operating under Culver Max Entertainment Pvt Ltd, is closely linked to the vision of the new CEO, Gaurav Banerjee, who took the helm in late 2024. The objective is reportedly to create a leaner organisational structure that can respond more effectively to market changes. As part of this realignment, Sony Pictures Networks India (SPNI) is focusing on high-growth areas, particularly its digital platform SonyLIV, while optimizing its traditional linear television business.

As per a report by The International Business Times, the internal communication regarding these changes emphasized the need for "strategic agility." The realignment is not just about cost-cutting but also involves redistributing resources to ensure the company remains competitive against major rivals and newly merged entities in the Indian broadcasting space.

Media Industry Context and Future Outlook Amid SPNI Layoffs

The media industry in India is currently undergoing a massive transformation, marked by significant mergers and the aggressive expansion of global streaming giants. For SPNI, these internal changes follow the termination of the proposed merger with Zee Entertainment Enterprises Limited earlier in 2024. Without the merger, the company is now forced to recalibrate its independent path to ensure long-term profitability and sustainable growth. Apple Layoffs: iPhone Maker Eliminates Small Number of Key Sales Roles To Strengthen Its Customer Engagement Efforts, Says Report.

While the layoffs represent a challenging phase for the affected employees, SPNI has reportedly committed to providing severance packages and outplacement support. The company intends to maintain its focus on premium sports broadcasting and original Indian content, which remain its strongest pillars. Moving forward, the industry will be watching how these structural changes impact the broadcaster's market share and its ability to innovate in a crowded entertainment market.

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(The above story first appeared on LatestLY on Jan 10, 2026 05:28 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).