Global Yellow Pages announces restructuring and retrenchments; to cease publication of print directories from 2018

SINGAPORE (Aug 1): As part of what its CEO and director calls a “painful but necessary” revamp of its business model, Global Yellow Pages (GYP) has announced that it will be restructuring its business to focus on real estate as its core business, and cease publication of the print directories that the company’s name has become synonymous with, from 2018.

Arising from the closure of the print directories and the restructure of its digital business will be retrenchments, says the group, which adds that it is in the process of assisting the employees affected by it.

Production is now underway for the last print editions of Yellow Pages, Yellow and White Pages Chinese, and White Pages Business Listings, which will be distributed to their respective consumers later this year.

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