Real Media joins sales teams and cuts head count

HONG KONG: The PubliGroup's online advertising network Real Media

has merged its sales operations with its parent company, citing the

business slowdown.

The move has resulted in the layoff of 30 per cent of Real Media staff

from its regional head office in Hong Kong, with all the redundancies in

ad sales.

Patty Keung, managing director of Real Media, said the Singapore

operations were not affected by the layoffs. "The online ad market is

depressed and there is just not enough business. Our parent company is

very strong in print and it makes sense to merge the sales operations."