Fahmi urges media companies to seek help before resorting to layoffs
MEDIA companies facing financial difficulties should approach the government for assistance instead of immediately resorting to retrenchments, Communications Minister Datuk Seri Fahmi Fadzil said. He said the Madani government was willing to help str...
Communications Minister Datuk Seri Fahmi Fadzil has urged media companies facing financial challenges to seek government assistance before resorting to layoffs. Speaking at the launch of the Journalists' Health Screening Programme, Fahmi emphasized that layoffs should be a last resort, and the government is willing to support struggling media organizations.
The Madani government has allocated an additional RM30 million under the Media Innovation Fund, with applications for the latest round opening on November 1 and closing on November 14. Fahmi highlighted that the shift in advertising expenditure towards social media platforms has put traditional media organizations in difficult positions, and he criticized major technology companies for failing to provide necessary cooperation.
He urged media companies to embrace new technologies to remain competitive and warned against indiscriminate job cuts, assuring that he would assist media workers facing financial difficulties.
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