A popular Telugu regional news channel is all set to shut down its operations. The channel has informed its employees to look for an alternative as it is closing its operations in the next month. Over 150 employees are expected to be affected with this decision. Since it is a sudden decision, the employees and their families are in a deep shock.
The news channel is owned by a major group which owns several channels including entertainment channels. Recently, another entertainment channel has sacked its 80 employees but it had made a proper exit for them by providing 3 months bonus and a year salary plus benefits.
However, the news channel is allegedly not offering any payments to its staff. This is said to be not going down well with the employees