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Yash Raj Films becomes the First to Declare the Effects of Recession

By admin
for BollywoodFrames

Published: February 9, 2009

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Recently we came across the treatment meted out by Yash Raj Films when it comes to treating the actors developed by them. Now, the recent from this management is that they are not in a position to retain the employees who have served the organization for the past five years.

The production house that was opened in 1970 by Yash Chopra has been a successful one all along and was instrumental in setting some standards in the film industry. In 2004, it was awarded 27th position as the Biggest Film Distribution House in the world by a survey by Hollywood Reporters. It has made many best products during its journey to where it is now, the recent one being Rab Ne Bana Di Jodi.

Now, they have reached a stage wherein they are unable to pay 20 employees and hence had advised them to leave.

Now a days, some companies even if they are doing good, try to take advantage of the global recession to settle scores with such people who they want to do away with in direct terms.

It is unfortunate that the movie industry which does not talk anything less than 100s of crores retrenches the poor team citing recession.

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