Media giants Nation Media Group Uganda (NMG-U) is set to lay off workers at the end of this month, the Managing Director Tony Glencross has announced.
In a letter issued on Thursday to all staff, Glencross says the move to lay off staff is meant to “re-organise for efficiency” and allow the the company adjust to the new digital normal brought by the effects of the coronavirus pandemic.
He however, adds the company will be providing counseling services to help workers who have been affected to cope with what he called “the extremely difficult decision.”
BELOW IS THE LETTER
The move is set to affect the company’s other media outlets including KFM, NTV Uganda among others.
Glencross says the firm seeks to establish its strength in the mobile publishing landscape while exploring other revenue streams in the digital space.
In the light of the COVID-19 outbreak, all the major media houses have shifted to digital publications as readers stay or work from home.
Advertisers have also changed their preferences to digital platforms, forcing media houses to rework their marketing and advertising teams.