The cuts will affect technology workers across various teams and ranks, and account for about 10 percent of employees in the technology division.
They come as different functions in the technology division are streamlined, resulting in job redundancies, said SPH Media chief operating officer Loh Yuh Yiing and chief technology officer (CTO) Kaythaya Maw in an e-mail sent to staff at 9.25am.
"This was a difficult decision that we have had to make," they added.
In a statement to the media, the company, which publishes The Straits Times and Lianhe Zaobao, said the decision was made after careful consideration.
It added that the company was committed to supporting the affected employees and providing them with comprehensive severance packages that adhere to tripartite guidelines, career coaching, job placement assistance, as well as counselling support to help ease their transition.
SPH Media, which was formed in 2021 as a company limited by guarantee after the former Singapore Press Holdings was restructured and delisted, had accelerated its digital transformation over the past three years.
Given this, an "urgent and aggressive" ramp-up in various areas of technology was necessary to build back after earlier years of underinvestment and to keep pace with the demands of the evolving digital media landscape, said Ms Loh in the e-mail.
"It has not been easy for our colleagues, executing and delivering on all fronts of tech these past three years," she added.
Denne historien er fra November 05, 2024-utgaven av The Straits Times.
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Denne historien er fra November 05, 2024-utgaven av The Straits Times.
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TACKLE PLASTIC WASTE, ONE NAIL AT A TIME
Before global leaders take the problem of plastic pollution into their hands in November, Japanese manicurist Naomi Arimoto is putting it on her fingernails.
Unpacking Ireland's cultural and creative renaissance
From Sally Rooney's bestsellers to actor Paul Mescal, Ireland, which holds a general election on Nov 29, has been enjoying a cultural and creative renaissance.
Jung Ho-yeon and Lee Dong-hwi split
Squid Game (2021 to present) star Jung Ho-yeon has split from her actor-boyfriend Lee Dong-hwi after a nine-year relationship.
Dorothy's ruby slippers to go under the hammer
The ruby slippers worn by the late American actress Judy Garland in classic film The Wizard Of Oz (1939) will be sold at auction in December, nearly 20 years after they were stolen.
Artist Julie Mehretu opens solo Show in Sydney
Ethiopia-born New York artist Julie Mehretu (right), considered one of the most influential living painters, has opened her first solo show in the Southern Hemisphere in Sydney.
Wicked's renowned costume designer returns to Oz
Tony Award-winning designer Paul Tazewell first created costumes for The Wizard Of Oz in a high-school production
ULTIMATE SELF-CARE
'Tis the season to treat yourself at spas and salons, which have introduced a slew of treatments for head-to-toe pampering
Fifa using $67m legacy fund for social initiatives
LAUSANNE - Fifa launched a US$50 million (S$67 million) legacy fund for social programmes on Nov 27, in collaboration with 2022 World Cup hosts Qatar and the World Health Organisation (WHO), the World Trade Organisation (WTO) and UNHCR, the UN Refugee Agency.
THE MARATHON BIKER GUY
Veteran Aussie has cycled over 50 courses in 12 years to ensure the route is 42.195km
Emery upbeat despite late drama against Juve
DIFFERENT PERSPECTIVE
