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 65 Dd Ft 65
News3 days ago

Survey: PMX Most Popular Politician in Malaysia with 52% Approval, Zahid Hamidi Places Last with 24%

A recent survey found that Prime Minister Datuk Seri Anwar Ibrahim recorded the highest approval rating among the country’s political...

Dd Ft 61 Dd Ft 61
News4 days ago

M’sian Man Who Went Missing After Work Tragically Found Dead in Shah Alam Drain Alongside His Motorcycle

A Malaysian man in his 40s who was reported missing after leaving work on 23 June has been tragically found...

Dd Ft 60 Dd Ft 60
News4 days ago

DBKL Investigates Own Staff Caught Littering from Official Vehicle in Viral Video, Issues Compound

A video has since gone viral showing a staff member inside a moving Kuala Lumpur City Hall (DBKL) official vehicle...

Collage 22 Collage 22
News5 days ago

Anthony Loke: Vehicles With Outstanding Summonses Will Soon Be Barred From Leaving or Entering Malaysia

Vehicle owners with outstanding fines or unresolved legal cases may soon face restrictions on cross-border travel under proposed amendments to...

Collage 21 Collage 21
News6 days ago

Finally! LRT3 Shah Alam Line to Officially Open on 29 June After 10 Years of Development

The Light Rail Transit 3 (LRT3) Shah Alam Line is expected to commence full operations on 29 June, according to...

Dd Ft 56 Dd Ft 56
News7 days ago

15yo & 16yo M’sian Girls Missing for 3 Days Rescued at a Homestay 25km Away in Machang, 5 Men Arrested

Two teenage cousins were reported missing for three days after travelling to Kota Bharu on their own for the first...

Collage 20 Collage 20
News1 week ago

Anthony Loke: New Road Laws to Increase Compounds Above RM300, Target ‘Rempit’ Activities & More

Malaysia’s road transport laws could soon undergo one of their most significant updates in years, with the government preparing to...

Collage 19 Collage 19
News1 week ago

Anthony Loke: Use of Removable Sunshades in Cars Allowed as Long as Driver’s Visibility is Not Compromised

Road users in Malaysia can breathe a sigh of relief as removable sunshades on their private vehicles will not land...

Announcement

Latest Videos



TRENDING TODAY