Singapore Press Considering Job Cuts in Reorganization Plan

Singapore Press Holdings Ltd., which started a review of its media business last year, is considering job cuts amid a reorganization, according to people familiar with the matter.

The city’s dominant newspaper publisher, like many of its peers in the industry, is grappling with digital disruption that has eroded readership and advertising revenue. While Singapore Press has diversified into property, telecommunications and nursing homes, that has failed to arrest a slide in earnings. Profits have fallen for six straight quarters, including a 45 percent decline in the three months through May from a year earlier.