Netvigator Malaysia to shut down?

As rumors spread that about 200 Pacific Century CyberWorks Ltd (PCCW) staff working for its lifestyle portal Netvigator would be sacked in Hong Kong, speculations about a possible shut down of its sister site in Malaysia continue to reverberate.

KUALA LUMPUR--As rumors spread that about 200 Pacific Century CyberWorks Ltd (PCCW) staff working for its lifestyle portal Netvigator would be sacked in Hong Kong, speculations about a possible shut down of its sister site in Malaysia continue to reverberate.

It is believed that if the Hong Kong site actually sacks a big number of staff comprising editorial and design teams, chances are real that Netvigator Malaysia may be heading for the chopping block.

When contacted, Netvigator Malaysia's local head Lawrence Lee was unavailable for comment today despite several attempts to reach him. However, Netvigator Malaysia which is believed to have about 20,000 members, is expected to make an official statement this Friday concerning its situation.

According to sources, the local Netvigator operator, PCCWIMS Malaysia Sdn Bhd, may shut down or downsize its activities here or even shift to a new business model.

The local office located in Petaling Jaya is staffed by 11 people. It is believed none of them have left the company nor offered any sort of voluntary resignation scheme.

According to a report in Hong Kong's Business Times today, PCCW chief Richard Li is expected to make the layoff announcement affecting about 200 staffers within the next few days.

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