SUBSCRIBE: Newsletter

Human Resources

Toggle

Article

man-signing-contract-123RF

Astro Malaysia undertakes voluntary separation scheme



Boost your team morale and showcase your team's achievements at the HR Excellence Awards. Benchmark yourself with the industry. View the categories and find out more.

Given the challenging overall economic landscape, Astro Malaysia is undertaking a voluntary separation scheme (VSS) to further simplify the organisation, enhance operational efficiency and reduce annual operating expenses.

In a statement, it emphasised the VSS is offered purely on a voluntary basis.

The media company has put in place a transition programme that will offer the right support to employees who opt for the VSS, including coaching and skills upgrading training programmes.

It also noted: “Notwithstanding this exercise, the company will put in place measures to ensure that the customer experience will not be impacted by this exercise.”

Astro has also Henry Tan, CEO designate, Astro Malaysia Holdings said: “In an increasingly borderless and digital world, competition is relentless. Astro continues to be proactive to reinvigorate the Group in order to strengthen its position in the market and to remain relevant in the years ahead.”

Photo / 123RF

HR Masterclass from Human Resources magazine: High-level HR strategy training workshops
led by the world's most respected HR thought leaders & strategists.
Review the 2019 programme here »

Read More News

Trending