The axe is being wielded at Sahara One Media and Entertainment. The company has already issued pink slips to 17 senior employees in February and the head chopping is expected to continue in March with another 18 employees being laid off.

Among those who have been asked to resign include Delna Deshpande as operations head, Sharad Raj as programming head and creative, Rajeev Berry as head of revenue, Bakulish Baggade part of the distribution team, Piyush Ratnu as head of IT & digital, Kailashnath Koppikar (programming and international syndication), Ashish Mathur and Saroj Jha (ad sales), and Baludutt Papne as commercial executive.