Jobs on the line as DStv struggles
DStv faces its biggest existential threat since its launch 23 years ago as Netflix, Amazon Prime Video and other streaming giants wade into the local market
MultiChoice, grappling with new competition in the form of streaming services such as Netflix, is considering job cuts as part of its plan to create a "leaner" business. The company has asked a large number of people to reapply for their positions, said a person familiar with the matter, on condition of anonymity. As many as 200 jobs could be on the line, the person said. The business has about 7,000 employees across Africa. "We are creating a leaner and more agile organisation in order to remain globally competitive," a MultiChoice spokesperson said. "We are looking at different ways to transform our business into a more agile and digitally focused company." MultiChoice's satellite TV business, DStv, faces its biggest existential threat since its launch 23 years ago as Netflix, Amazon Prime Video and other streaming giants wade into the local market. The new competition - which prompted MultiChoice to launch its own streaming platform, Showmax, in 2015 - is taking its toll on DStv'...
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