Connect with us

News

Utusan Malaysia and Kosmo! May Be Totally Shutdown Due To Insufficient Funds, Workers’ Salaries Are Still Unpaid

Published

Utusan Malaysia May Be Totally Shutdown Due To Insufficient Funds, Workers' Salaries Are Still Unpaid - World Of Buzz
Source: Sinar Harian & Malay Mail

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

The possibility of losing one’s job is a terrifying scenario.

Utusan Melayu (Malaysia) Berhad is facing the threat of a total shutdown if they fail to sell off some assets in the coming few weeks, reported Sinar Harian.

This comes as reporting from The Star revealed all the publications under the Utusan Group, which are Utusan Malaysia, Mingguan Malaysia, Kosmo!, and Kosmo! Ahad will completely shutdown their print and online publications.

Utusan Malaysia And Kosmo! May Be Totally Shutdown Due To Insufficient Funds, Workers' Salaries Are Still Unpaid - World Of Buzz 1

Source: utusan

The President of National Union of Journalists Peninsular Malaysia (NUJ), Mohd Taufek Razak informed the outcome from a meeting with the highest management of the Utusan Group. If the company’s assets are not sold soon, there is no other way but to totally shut down all of its operations.

“In the morning, we (NUJ) met with the Executive Chairman of Utusan Group, Datuk Abd Aziz Sheikh Fadzir at the Ministry of Human Resources. According to him, they need to shut down Utusan’s operations because they are not able to bear the costs,” Mohd Taufek said.

Utusan Malaysia And Kosmo! May Be Totally Shutdown Due To Insufficient Funds, Workers' Salaries Are Still Unpaid - World Of Buzz 2

Source: sinar harian

“The management (Utusan Group) made the decision because they have insufficient funds to pay for workers’ current, future and overdue salaries. They have no money and they did not dispose of any current assets,” he told the press after a protest at the Utusan Malaysia compound yesterday (19th August 2019).

Mohd Taufek said that at the current moment, there are no aids provided by UMNO. He added that UMNO gained popularity by using Utusan as their medium and a tool for propaganda.

The Utusan Group have not provided any salaries to their staff since June 2019. The group has a history of paying their staff late.

Utusan Malaysia And Kosmo! May Be Totally Shutdown Due To Insufficient Funds, Workers' Salaries Are Still Unpaid - World Of Buzz

Source: sinar harian

The salaries for executive staff was halted for two months. The executive staff were paid half of their salary (RM2,000) in June this year.

Some of the staff continued working there even without salaries because they still loved Utusan. There were even some staff members who had to borrow money from loan sharks just to afford a living.

Almost 100 staff members from the Utusan Group were at the protest to demand for their unpaid salary since June to August 2019.

It is hoped that the workers will get their unpaid salaries soon so that they can cover all their living costs. Hopefully, their jobs would not be jeopardised due to this incident.

 

Also read: Malaysia’s Oldest Newspaper Finally Quits Print Operations After 122 Years!

Out Of Print: Oldest Malaysian Newspaper Malay Mail Bids Farewell After 122 Years - World Of Buzz 2

 

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Dd Ft 86 Dd Ft 86
News15 hours ago

“Bring them home!” – M’sians Fume Over 3 Local Elephants Being Sent to Japan Despite Govt Assurance

Many Malaysians recently voiced concerns about the welfare of three local elephants after news spread that they were being transported...

Collage 63 Collage 63
News21 hours ago

JPJ Officers Go Undercover as Passengers, Find Bus Driver Using Phone & Breaking Rules on JB-KL Journey

As Malaysians prepare for the busy Hari Raya Aidilfitri travel season, enforcement officers from the Johor Road Transport Department (JPJ)...

Dd Ft 81 Dd Ft 81
News2 days ago

Motorcyclist Killed On The Spot by Falling Tree in Alor Setar, City Council Offers ‘Compassionate Aid’ to Family

Just yesterday (15 March), a man tragically died on the spot while another was injured after a tree fell on...

Collage 61 Collage 61
News2 days ago

32yo M’sian Smashes PDRM Truck Window with a Hammer to Prove He Isn’t a “Snitch”, Gets Arrested

To prove a point, a 32-year-old man in Sarawak deliberately got himself arrested by the Royal Malaysian Police (PDRM). He...

Collage 60 Collage 60
News2 days ago

Ex-Law Minister Slams PMX’s Decision to Grant Extra Raya Holiday, Says It’ll Cost Malaysia RM1 Billion

Former Law Minister Datuk Zaid Ibrahim has voiced his concerns following Prime Minister Datuk Seri Anwar Ibrahim’s announcement of an...

Rayaft Rayaft
News2 days ago

HR Ministry Encourages Employers to Grant Additional Raya Aidilfitri Leave

The Ministry of Human Resources (KESUMA) has encouraged employers to grant flexibility to employees regarding the implementation of an additional...

Collage 58 Collage 58
News3 days ago

PDRM: Deceased 17yo Student Who Fled Police Was Avoiding Fines for Modified Motorcycle

In a recent incident, a 17-year-old Malaysian student named Liu Le Yao (transliteration) lost his life while attempting to evade...

Collage 12 1 Collage 12 1
News3 days ago

“A token of appreciation for Malaysians’ hard work” – PMX Announces One-Day Additional Raya Holiday

Prime Minister Datuk Seri Anwar Ibrahim has announced an additional public holiday in conjunction with the upcoming Aidilfitri celebrations, which...

Announcement

Latest Videos



TRENDING TODAY