The Standard Media Group has issued a notice of redundancy which will affect over 300 employees across various departments. In a notice seen by the Star on Wednesday, the Standard Media Group Board stated that the redundancy will take effect on August 31. "The redundancy notice takes effect upon expiry of the one-month notice issued today (July 31, 2024) and is expected to affect more than 300 employees across various departments. All the affected employees will be duly informed in writing," the Board said. Additionally, the Board announced that it will rationalise its products to ensure that they remain aligned with the media landscape.

Source: The Star July 31, 2024 06:01 UTC