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![MwangoCapital Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1322852293750960133.png) Mwango Capital [@MwangoCapital](/creator/twitter/MwangoCapital) on x 158.3K followers
Created: 2025-07-17 04:00:36 UTC

X. Mediamax, the parent company of K24 TV & People Daily, is planning to lay off staff as part of a 30-day redundancy process linked to a major restructuring.

The company cites falling revenues, digital disruption, and regulatory pressure as reasons for this.

![](https://pbs.twimg.com/media/GwB_Yq-a0AAzjwh.png)

XXX engagements

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**Related Topics**
[chapter 11](/topic/chapter-11)

[Post Link](https://x.com/MwangoCapital/status/1945695103189922274)