Mediacorp to retrench 93 employees in major restructuring exercise
National broadcaster Mediacorp announced on 1 September 2025 that it will retrench 93 employees, representing slightly over 3 per cent of its total workforce, as part of a company-wide restructuring. The move aims to align operations with economic challenges and shifting commercial conditions.
- 93 employees to be retrenched, affecting over 3% of Mediacorp’s workforce.
- Staff have until 30 September to apply for internal roles before departures are finalised.
- Retrenchment support includes compensation packages and job-matching assistance through unions and e2i.
SINGAPORE — Mediacorp, Singapore’s national media network and a wholly owned subsidiary of state investment firm Temasek, will retrench 93 staff members as part of a major organisational restructuring.
The company said the move, announced on 1 September 2025, represents slightly more than 3 per cent of its total workforce and is designed to “better align its operations amid ongoing economic and commercial uncertainty.”
Restructuring across departments
The restructuring exercise is organisation-wide, though Mediacorp did not specify which departments or roles will be most affected. Employees who are impacted have until 30 September to apply for alternative positions within the company.
Those unable to secure new roles by the deadline will have their employment formally concluded at the end of the month.
Retrenchment benefits and support
The compensation package includes one month’s salary for each year of service, capped at either 25 months of pay or S$250,000, depending on tenure, seniority, and salary level.
Chief Executive Officer Tham Loke Kheng acknowledged that the decision was a difficult one, saying: “This is a difficult decision and one not taken lightly. We are deeply grateful to our colleagues for their contributions, and our priority at this point is to ensure that those affected are supported with care, humility, and dignity during this transition.”
Union support and job assistance
The Singapore Union of Broadcasting Employees (SUBE) confirmed in a separate statement that it had been informed in advance about the retrenchment exercise.
Union representatives will be present during the process to offer guidance and assistance to affected employees. SUBE added that it is working closely with NTUC’s Employment and Employability Institute (e2i) to provide job-matching services, career coaching, and skills advisory support.
The union emphasised that the assistance will extend to both Singapore Citizens and Permanent Residents affected by the move.
