BRACE UP NIGERIANS - MULTICHOICE SETS TO RETRENCH OVER 2000 STAFF
MultiChoice is
set to enter into a 60-day consultation process with 2194 employees of the
company regarding possible retrenchments, this is coming as the organization sets
to retrench 2000 staff in a bid to reposition itself.
According to
eNCA, CEO Calvo Mawela “This has not been an easy decision to make
but, in a business driven by advancing technologies, we must continue to drive
efficiencies yet be agile enough to adapt to evolving customer needs to ensure
that we remain relevant, competitive and sustainable”.
“We must act decisively to align to the
change in customer behaviour and competition from OTT services because if we
don’t reposition now, we run the risk of being completely misaligned and we put
everyone’s jobs at risk.”
It is clearly
evident that more people are using self-service and digital technologies to
interact with the company now.
A recent survey discovered that about 70% of their
customers now prefer to use an e-channel. Stiffer competition from other OTT and
the advancement in technologies which now makes access to premium contents over
mobile devices cheaper and easier are also major concern.
The company says
it will be offering voluntary severance packages and support as well as
continuing to pay benefits like bursaries.
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