All is not rosy at Mediamax as the management has found is having to contend with a revolt mooted by the recent reduction of salaries in response to the economic disruption brought about by the novel Coronavirus pandemic.
Having gone to court to halt the reduction of salaries by up to 50 per cent, Mediamax employees expected the management to have a change in heart and show some leniency. However, the moved only served to irk the management who have stood their ground on the salary reduction with allegation that the employees are being forced to take they pay cut or be served with redundancy notices.
It is now alleged that a senior editor has gone ahead to tender his resignation pointing out constant frustration related to the management’s decisions to force employees to accept the pay cuts.
The company had last month announced a pay cut of up to 50 per cent for the top earning employees to try and manage its expenses at a time that the Coronavirus pandemic had caused an economic slowdown with no probable time for a return to normalcy.
As a show of solidarity with the senior editor, it is understood that two other senior editors have resigned fueling fears that a crisis might be looming at DSM place – the Headquarters of Mediamax.
This could be viewed as the last straw that gets Mediamax CEO Ken Ngaruiya out of office. He has come under sharp criticism from most corners with his management style brought into question on several occasions.
Other media houses such as Nation Media Group, Standard Group, Royal Media Services, and Radio Africa Group has announced salary cuts of up to 30 percent.