Ghafla Exclusive!! Tension Grips Top Media Company Known For Mass Firing After Board Issues Notice Of Restructuring

The media industry is a rather competitively harsh industry to work in. Mass hiring and firing as well as demotions and re-assignments are not rare.

This is especially true if you are an employee with a firm like Mediamax Network Limited. Thus when a notice released just a few minutes ago today warned of a major restructuring and organization was issued, tension gripped the entire staff.

In the notice (which Ghafla obtained a copy) directed to all staff by the Chief Executive Officer Ian Fernandes, the staff are informed of a pending evaluation and restructuring process that will result in changes in employment structures across all departments.

The intention is to make the organization more efficient and effective.

Such a tone underlines the inevitability of heads rolling and people shifted to different levels. We will update you as events unfold. Here is the notice