Media Prima job cuts: Affected employees to receive job outplacement, career counseling services | Malay Mail

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KUALA LUMPUR, Nov 6 — In light of the recent announcement of a corporate restructuring, Media Prima Berhad and the workers’ unions in the company today said employees affected by the decision would be given job outplacement services and career counseling. They also reiterated the company’s...

Wednesday, 06 Nov 2019 09:17 PM MYTMedia Prima posted a net loss of RM8.83 million in Q2 2019. — Picture courtesy of Google Maps

“Media Prima Berhad and officers from the respective unions, namely, National Union of Journalists NSTP Branch, National Union of Newspaper Workers NSTP Branch, Kesatuan Sekerja Kakitangan Sistem Televisyen Malaysia Berhad , and Kesatuan Eksekutif Sistem Televisyen Malaysia Berhad , are working closely on the execution of the business transformation plan announced by the Group on 1 November 2019.

Early this month, in a statement, the media giant said that the move will be completed by the first quarter of next year. reported that a meeting among heads of departments was called in the afternoon to discuss the outcome of a board of director’s meeting earlier that day.As a result, its shares fell to 35 sen per unit at market closing that day, the lowest since June this year.

 

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