SINGAPORE: About 140 staff members from Singapore Press Holdings' (SPH) media sales division and magazines will be 'affected' by a retrenchment ...
SINGAPORE: About 140 staff members from Singapore Press Holdings' media sales division and magazines will be"affected" by a retrenchment exercise, amid a restructuring to mitigate the impact of COVID-19 on advertising revenue, the company said on Tuesday .
Newsroom staff and journalists are not affected by the restructuring exercise, the presentation said. The Ministry of Manpower, the Creative Media and Publishing Union and the National Trades Union Congress have been informed of the restructuring exercise, said SPH. “Today is a tough day for the employees affected by SPH’s restructuring exercise and our CMPU union leaders are giving them our strong support," he added.
"SPH has also intensified its efforts to share its content resources across its print, digital and voice platforms," the company added. In a separate statement, Mr Teo said:"CMPU and SPH management jointly reviewed the selection criteria to ensure that the Singaporean core within the company is safeguarded as far as possible.He added that the union also worked with SPH management to ensure the restructuring exercise was conducted in line with guidelines stated in NTUC's Fair Retrenchment Framework, as well as the Tripartite Advisory on Managing Excess Manpower and Responsible Retrenchment.
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