Mediamax Redundancy: Sixth Major Staff Shake-Up Rocks Media Giant
Mediamax Network Limited has announced yet another restructuring, marking its sixth redundancy exercise in just four years. The move comes as the media giant grapples with a tough economic environment, shrinking advertising revenues, and shifting audience habits in an increasingly digital-first world. The company, which operates a diverse portfolio including K24 TV, People Daily, Milele…
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