The Capital Group Limited, the parent company of Capital FM, has notified staff of an impending layoff effective August 25, 2025, citing operational restructuring due to industry-wide disruptions.

In an internal memo dated July 25, 2025, the Managing Director said the decision follows a “comprehensive business review” prompted by declining business volumes, changing consumer habits, shifting government policies, and heightened competition.

“The media landscape—like many other industries—continues to undergo significant disruption… Capital Group has not been immune to these changes, and we have experienced notable declines in business volumes,” the memo read in part.

The company emphasised that the layoffs are not related to employee performance.

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“While this was a difficult decision, it was made purely on operational grounds to safeguard Capital Group's future,” the company emphasised.

"As a result of this restructuring, various positions will regrettably be declared redundant, effective August 25, 2025."

The memo added that several non-staff cost-cutting measures were explored but proved insufficient to address ongoing financial and structural challenges.

Affected employees will receive:

Salary up to their final working day,

One month’s pay in lieu of notice,

Severance pay of 15 days’ salary for every completed year of service (less any debts), and

Payment for unused leave days.

“All affected employees will be engaged to ensure transparency, offer support, and explore possible redeployment opportunities,” the memo stated.

Management and HR teams will be available to provide guidance during the transition.

“We sincerely thank you for your understanding, professionalism, and continued commitment during this time. We are confident that these strategic adjustments will position Capital Group Limited for renewed growth, resilience, and long-term success.”

Capital Group joins a growing list of media organisations adjusting to a shifting media landscape shaped by digital transformation and falling ad revenues.

The restructuring comes at a time when traditional media houses across the region are increasingly under pressure to evolve or risk collapse, as digital-first platforms and economic headwinds redefine how audiences consume news and entertainment.