General : Nearly 100 Media Mulia Employees To Be Placed Under Paid Leave Programme
KUALA LUMPUR, Nov 2 (Bernama) -- Media Mulia Sdn Bhd is conducting a strategic review of its business model, operational structure and corporate direction, which includes the implementation of a paid leave programme involving nearly 100 of its employees.
KUALA LUMPUR, Nov 2 — Media Mulia Sdn Bhd is making significant changes to its business model and corporate direction, which includes placing nearly 100 staff members on paid leave. Director and CFO Abd Wahid Idris announced the decision, stating that the company is undergoing a rationalisation exercise to ensure its continuity and sustainability in the face of evolving media industry trends.
These trends are increasingly centred around digital platforms. Despite this shift, the company remains committed to maintaining its print newspapers for loyal readers. The primary goal of the paid leave programme is to reassess operational needs, human resource allocation, and the company's capacity to focus more heavily on digital content, which promises more effective and higher-quality news delivery methods.
Abd Wahid reassured that the exercise will preserve the identity and legacy of the Utusan Malaysia and Kosmo! brands while safeguarding their editorial integrity, reporting style, and credibility. He further noted that the current management has previously saved these historic newspaper brands after their former owner ceased operations in 2019.
The strategic adjustments are crucial to preserving both brands and the organization, and to prevent them from succumbing to the same fate they faced earlier. Regarding the affected employees, Abd Wahid emphasized the company's commitment to safeguarding their welfare and rights, in line with applicable laws and regulations. The transformation is aimed at securing the future of Utusan Malaysia and Kosmo!
Brands, with a renewed focus on producing high-quality, authoritative, and credible editorial content.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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