Standard Media Group Issues Notice Of Redundancy
The standard Media group announces intention to lay off over 300 staff across all its media outlets by the end of August!
This decision marks a significant restructuring measure within the organization citing difficult operating environment and shifting digital trends.
Affected employees will receive a severance package including payment for days worked, severance pay, notice pay, accrued leave, and pension dues. The redundancy will take effect on August 31, 2024