Nearly 100 Media Mulia employees put on paid leave
KUALA LUMPUR: Nearly 100 employees of Media Mulia Sdn Bhd, the publisher of Utusan Malaysia and Kosmo! , will be placed on paid leave as the company reviews its business model amid changes in the media landscape.
Nearly a hundred Media Mulia employees will be granted paid leave as the company assesses its business model amid evolving media trends. The rationalization exercise is part of a strategic review to ensure the long-term sustainability of the media firm, according to Media Mulia director and chief financial officer Abd Wahid Idris.
The shift towards digital platforms is driving the industry change, Idris explained. While the company remains committed to publishing its print newspapers for loyal readers, the program aims to evaluate operational needs, human resource allocation, and capacity to concentrate on digital content, improved news delivery, and long-term business viability.
Idris emphasized that the exercise will not undermine the newspapers' identity and legacy, as their unique content, editorial stance, news approach, and credibility will be preserved. The current management revived Utusan Malaysia and Kosmo! following their previous owners' cessation in 2019. The company pledges to protect the welfare and rights of its staff in line with applicable laws.
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