Media Chinese to “gradually” slash staff count in five years, looking into integrating AI in operationsIf high operation costs persists in the future, Media Chinese may cease print operations in Johor and Penang - BERNAMAPIX: Media Chinese International Ltd are planning to gradually cut down its workforce to around 1,000 employees over a term of up to five years after the Sinchew Daily and Nanyang Siang Pau merger, as confirmed by group chief executive officer Francis Tiong..
A report from Business Times also quoted the group’s CEO, Francis, who said “with internal structural and reorganisation, the merger or consolidation of Sinchew and Nanyang group, closure of Johor and Penang plants and the application of AI across all units of operations,” as quoted, employees can be reduced to 1,000 over a period of around five years.
Kenanga Research also noted that Media Chinese might close down its printing plants in Johor and Penang if unit publishing costs increase further, thereby the firm possibly centralising print operations in Petaling Jaya, Selangor.
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