KUALA LUMPUR, May 30 — Chinese language media platform, Media Chinese International Ltd, may reduce its workforce by as much as 44 per cent within the next two years after it...
Najib told MACC of millions of ringgit kept as contingency after GE13 to prevent Sept 2008 Pakatan Rakyat takeover repeat, witness says in 1MDB trialA general shot of newspaper vendor workers are grouping newspapers to be distribute in Klang Valley and Putrajaya along Jalan Tun Tan Siew Sin in Kuala Lumpur.
"Based on the efficiency gains offered by AI, the company estimated that at least 30 per cent of its staff could be laid off within two years following the adoption of AI. Media Chinese shares have declined 3.7 per cent for this year, continuing a trend of sharp drops in recent years as the company struggled with dwindling earnings and losses.
“Media Chinese estimates that its workforce may potentially be reduced from 1,800 to around 1,000 employees in future,” it said.
Media Chinese International Ltd Artifical Intelligence AI Kenanga Investment Bank Bhd Newspaper Industry Media Industry
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kenanga Trustees Debuts, offering tailored wealth preservation solutionsKuala Lumpur: Kenanga Investors Berhad (“Kenanga Investors”), a prominent leader in asset and wealth management, has announced the launch of Kenanga Trustees Berhad (“Kenanga Trustees”), formerly known as Kenanga Funds Berhad.
Read more »
Kenanga Investment Bank Posts 119% Jump in Net Profit, Revenue Rises to RM204.2 million for 1Q 2024Kuala Lumpur: Kenanga Investment Bank Berhad (“Kenanga” or “Kenanga Group” or “the Group”) today announced its financial results for the first quarter ended on 31 March 2024 (“1Q24”).
Read more »
Luxury influencers vanish from Chinese social media in wealth crackdownSHANGHAI, May 28 — Chinese social media censors have blocked multiple influencers known for showing off their lavish lifestyles after an official campaign to curb displays of...
Read more »
Kenanga revises up current account surplus forecast to 2.7pc of GDP in 2024KUALA LUMPUR, May 20 — Kenanga Investment Bank Bhd has revised its 2024 current account (CA) surplus forecast to 2.7 per cent of gross domestic product (GDP) from 2.3 per cent...
Read more »
Kenanga unjur harga minyak sawit mentah pada RM3,800Kenanga Investment Bank Berhad (KIBB) mengekalkan unjuran harga minyak sawit mentah (MSM) pada RM3,800 setiap tan untuk 2024 hingga 2025.
Read more »
Kenanga maintains Supermax FY2024 net profit, cuts FY2025 forecast by 54pcKUALA LUMPUR, May 10 ― Kenanga Investment Bank Bhd has maintained Supermax Corp Bhd’s financial year 2024 (FY2024F) net profit forecast but cut its FY2025 forecast by 54 per...
Read more »