Connect with us


Thai Rath downsizes newspaper workforce citing crippling decline in revenues




Thai Rath, the country’s biggest newspaper, is buckling under the weight of digital change and downsizing its staff.

In yet another sign of the woes in the Thai media industry, the mass-circulation Thai Rath newspaper is downsizing through a voluntary early retirement scheme.

Thai Rath, which at its peak claimed a daily circulation of one million, said in a statement yesterday that the drastic change in media consumption behavior has hit the paper badly.

Thai Rath was founded on 5 January 1950 by Kampol Wacharapol as Khaopap which was published between 1950 and 1958. The newspaper was shut down in 1958, along with other leading contemporary newspapers, by the military government of Field Marshal Sarit Thanarat. Kampol then “rented” the Siang Ang Thong newspaper’s name from Laor Ketkaew, and continued publishing under that name between 1 May 1959 and 24 December 1962. On 25 December 1962, Thai Rath published its first issue.

The statement, signed by its CEO Ms Yingluck Watcharaphol, admitted that the paper was not able to meet its revenue target although it had tried all possible means to keep the newspaper business afloat.

It said it is necessary for the company to downsize and to reduce its staff so it will be able to carry on with the business, adding that all staff members at every level of the Watcharaphol Company which owns the newspaper and a digital TV channel, are eligible to join the voluntary early retirement program.

The paper offers a severance pay starting at 30 days of wages up to 300 days worth of wages, depending on their employment period.

Thai media industry has been going through a particularly rough time since the explosion of digital media a few years back, coupled with over-supply in the digital TV market. Several other media outlets have also downsized, ceased publishing or reduced pages because of declining circulations and advertising revenue.


Want more Thailand news from the Thaiger family?

📱 Download our app on Android or iOS for instant updates on your mobile
📝️ Join the conversation on Thaiger Talk - discuss news & life in our Thailand forums
📧 Subscribe to our daily email newsletter
👍 Like/Follow us on Facebook
🔔 Subscribe to or Join our YouTube channel for daily video updates


Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

If you have story ideas, a restaurant to review, an event to cover or an issue to discuss, contact The Thaiger editorial staff.

Follow Thaiger by email:

Coronavirus (Covid-19)11 hours ago

AstraZeneca Covid-19 vaccines to be donated to Thailand from Japan

Bangkok11 hours ago

Bangkok police warn that protests planned for Thursday break the Emergency Decree

Thailand12 hours ago

Thailand News Today | Hotel occupancy, Phuket beaches hit with tar balls, doctor ‘warning’ | June 21

Phuket Sandbox July 1st


Thaiger is getting behind local businesses for the restart of tourism in July - up to 50% discounts across all advertising packages in June!

Thailand12 hours ago

Pattaya residents complain of sinkholes in road, couple sustains injuries

Insurgency12 hours ago

2 suspected insurgents killed in gunfire exchange with police-military team

Best of12 hours ago

Top 8 Things to do in Hua Hin

Thailand13 hours ago

Army raids a house, arrests 53 as part of alleged gambling operation

Best of13 hours ago

Top 5 Insurance Companies for Expats in Thailand

Thailand13 hours ago

Thailand abstains from vote on UN resolution condemning Myanmar violence

Leisure13 hours ago

Top 5 Rooftop Bars in Bangkok

Best of13 hours ago

Top 5 Shabu-Shabu Restaurants in Bangkok

Indonesia13 hours ago

Indonesia approaches 2 million Covid cases

Thailand14 hours ago

Monday Covid Update: 3,175 new cases; infections rise in the Deep South

Pollution14 hours ago

Oil slick and ‘tar balls’ wash up on Phuket’s beaches – what caused it?

Best of14 hours ago

Top 5 Ice Cream Shops in Bangkok

Thailand4 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism4 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket4 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism4 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand4 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism4 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand5 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand5 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand5 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand5 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand5 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand5 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand5 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand5 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand5 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8