Mediacorp to cut 93 jobs amidst digital disruption and ad shifts

Mediacorp said impacted employees will receive a severance package of one month’s salary for each year of service.

Mediacorp announced it will make 93 roles redundant by the end of September, accounting for just over 3% of its workforce, as part of a restructuring exercise in response to ongoing changes in the media industry.

Affected employees have until the end of the month to apply for other roles within the organisation. If no alternative placement is secured, their last day of employment will be 30 September 2025.

In a statement, the company cited significant shifts in content consumption and advertising demands.

The rise of short-form, mobile-first, and social-driven media, it said, has reshaped audience behaviour and business models, placing increased pressure on traditional formats. At the same time, clients are seeking more agile, platform-native campaigns with measurable impact.

Mediacorp noted global economic uncertainty, driven by inflation, market volatility, and trade disruptions, has added further strain to the media landscape.

The organisation said it has undertaken cost-saving initiatives, reallocated resources to growth areas, and invested in emerging content formats and creative talent. However, the pace and scale of transformation now require additional measures to ensure long-term sustainability.

“This is a difficult decision and one not taken lightly,” said CEO Tham Loke Kheng. “We are deeply grateful to our colleagues for their contributions, and our priority at this point is to ensure that those affected are supported with care, humility, and dignity during this transition.”

Mediacorp said impacted employees will receive a severance package of one month’s salary for each year of service, capped at 25 months or $250,000, depending on tenure and seniority.

Additional support includes a training grant, career guidance and job-matching through NTUC’s e2i, and continued access to the company’s wellbeing programme for up to a year. The Singapore Union of Broadcasting Employees (SUBE) is also involved in assisting affected staff.