Media Mulia puts nearly 100 staff on paid leave amid Utusan Malaysia and Kosmo! overhaul

KUALA LUMPUR, Nov 2 — Media Mulia Sdn Bhd, the parent company of Utusan Malaysia and Kosmo!, is undertaking a strategic review of its operations and business model. This review, which includes the implementation of a paid leave programme for approximately 100 staff members, is being carried out to ensure the company's continued success in the rapidly evolving media landscape.

Media Mulia Sdn Bhd's CFO, Abd Wahid Idris, explained that the rationalisation exercise aims to assess operational requirements and human resource utilisation, as well as to place a greater emphasis on digital content and more effective, higher-quality news delivery platforms. Despite the changes, Abd Wahid stressed the company's commitment to preserving the legacy and identity of Utusan Malaysia and Kosmo!, while ensuring the long-term sustainability of the business.

The management, which had previously revitalised the two historic newspaper brands after their former owner ceased operations in 2019, sees the strategic adjustments as necessary to maintain the credibility and authority of the publications, while securing the future of the organization in the face of the changing media environment.