The India Today Group has reportedly laid off nearly 120 employees across multiple departments as part of a restructuring exercise. According to the report, the workforce reduction took place between July 20 and July 24 at the company’s Noida office, with many employees allegedly being informed that the day they were called into meetings would be their last working day.
Several employees claimed they were asked to submit their resignations immediately, surrender their company laptop and identity card, and complete exit formalities on the same day.
Multiple Teams Affected Across The Organisation
The reported layoffs were not limited to a single department. Employees from the Aaj Tak Hindi website, camera operations, video editing, graphics, fact-checking, Data Intelligence Unit, Aaj Tak Radio, and parts of the India Today English web team were reportedly impacted.
The report states that while some affected employees had joined recently, others had spent over a decade with the organisation. Several employees earning around ₹25,000 to ₹30,000 per month were also among those reportedly laid off.
Resignations And Compensation
According to employees quoted in the report, those who agreed to resign were provided two months’ full salary as part of their settlement. Employees who declined to resign were reportedly terminated and informed that they would receive two months’ basic salary instead.
The resignations were reportedly processed through the company’s HR platform, where employees selected reasons such as “restructuring” or entered comments stating they had resigned at the management’s direction.
Financial Pressure Reportedly Behind The Move
The restructuring comes at a time when the India Today Group has been facing financial challenges. According to the report, the company’s annual net profit declined by 81% to around ₹14 crore, while revenue fell 19% to approximately ₹807 crore during the previous financial year.
The decline has been attributed to weaker advertising revenue, restructuring costs, and losses in the radio business. Although employees cited financial pressure as the reason behind the layoffs, the company had not publicly responded to the report at the time it was published.
Media Industry Continues To Evolve
The reported job cuts reflect the broader transformation taking place across India’s media industry as organisations adapt to changing advertising trends, digital consumption patterns, and cost pressures. Media companies are increasingly restructuring operations while investing more heavily in digital platforms and technology-driven content strategies.
Summary
The India Today Group has reportedly laid off nearly 120 employees between July 20 and July 24 as part of a restructuring exercise. The reported layoffs affected multiple departments, with employees claiming they were asked to resign immediately. The restructuring comes amid financial challenges, with the company’s net profit falling 81% to around ₹14 crore and revenue declining 19% to approximately ₹807 crore in the previous financial year.
