Star Media Group issued retrenchment letters to more than 40 staff members in its editorial wing, referred to as "Content", as a total of more than 100 employees were retrenched in a downsizing exercise yesterday.
It is the group's fourth major shedding of staff in the last seven years following a voluntary separation scheme (VSS), mutual separation scheme (MSS), and an early retirement offer (ERO) that were carried out in 2013, 2017, and 2018.
"While employees in the previous exercises were...