12 Oct '17, 6pm

SPH photographers & editorial staff bear brunt of retrenchment exercise

Word trickling out of Singapore Press Holdings Toa Payoh North office has not been pretty. A day after SPH chief executive Ng Yat Chung gave the group’s results briefing and made the announcement that retrenchments will be brought forward by one year, the staff-cutting exercise was enacted in earnest on Thursday, Oct. 12. Advertisement Same day termination According to sources inside SPH, the mood was grim and morale was low. Even though staff cuts are expected to be completed by year-end, some of these cuts have taken immediate effect. Tables were cleared out the same day termination was carried out. A two-hour town hall meeting was called to justify the staff cuts and to close ranks internally. But it was expected to be of little comfort. This is so as even though advertising revenue fell by S$103 million, or 16.9 percent year-on-year in financial year 2017, full year ne...

Full article: https://mothership.sg/2017/10/sph-photographers-editorial...

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