KUALA LUMPUR, Nov 2 — 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.
Media Mulia Sdn Bhd director and chief financial officer Abd Wahid Idris said the rationalisation exercise was undertaken to ensure the continuity and sustainability of the business amid changes in the media industry landscape, which is now increasingly focused on digital platforms.
However, he said the company remained committed to continuing the publication of its print newspapers for readers who remained loyal to them.
“The paid leave programme aims to reassess operational requirements, human resource utilisation and the company’s capacity to place greater emphasis on digital content, more effective and higher-quality news delivery platforms, as well as long-term business sustainability,” he said in a statement published in Utusan Malaysia today.
