According to a report in South Africa’s Sunday Times newspaper, pay-TV operator DStv is laying off up to 200 staffers in a move to save cash amidst increased competition.
A DStv spokesperson said the move was in order to create a leaner and more agile business. Existing staff are being asked to reapply for their jobs, says the newspaper.
DStv’s parent, MultiChoice has lost some 41,000 Premium top-tier subscribers in the year to March 31st.
MultiChoice has made no secret of its annoyance that rivals such as Netflix and Amazon Prime are eating away at its core subscribers and yet operate without having to fulfil the licensing obligations faced by MultiChoice. MultiChoice CEO Calvo Mawela has called for a change in regulations to cover the new OTT entrants.