Media24 says 400 jobs at risk as it mulls closing print editions of 5 newspapers
The media group said it is considering stopping print publications of five newspapers, and selling its community media portfolio and media logistics business.
The media group said the grand restructuring could result in 400 job losses, with another 400 positions transferring to other companies.The last day of publication for the newspapers is expected to be 30 September. Davidson said that Media24 titles in the north of South Africa had been on"life support for a while".
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