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Singapore Straits Times publisher axes 140 non-newsroom jobs

COVID downturn hits SPH's advertising unit

SPH is axing about 140 jobs, or around 5% of its total headcount, as advertising revenue declines amid the coronavirus pandemic. (Photo by Keiichiro Asahara)

SINGAPORE -- Singapore Press Holdings on Tuesday announced that it will cut about 140 jobs as the media group's advertising revenue declines amid the coronavirus pandemic.

The number represents about 5% of its total headcount, and is the third batch of retrenchments that the Singapore Exchange-listed company will have undertaken since 2017.

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