CORRECTED-UPDATE 1-South Africa's MultiChoice looks to lay off more than 2,000 workers [Reuters]
NASPERS LTD S/ADR (NPSNY)
NASDAQ:AMEX Investor Relations:
naspers.com/news/publication-of-prospectus-and-expected-admission-o
Company Research
Source: Reuters
Naspers' pay-tv arm MultiChoice looks to lay off more than 2,000 workers - Reuters 3 Min Read JOHANNESBURG (Reuters) - Naspers’ pay-television business MultiChoice Group is planning to lay off more than 2,000 workers in South Africa in a shake-up of its customer care service, the company said on Friday. MultiChoice, which competes with Netflix in online streaming via Showmax, said in a statement it is launching a consultation process to cut 2,194 positions in MultiChoice South Africa’s customer care call centers and walk-in centers. “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,” MultiChoice Group Chief Executive Calvo Mawela said. “We must act decisively to align to the change in customer behavior and competition from over-the-top services,” he added, referring to video services that stream directly over the internet. “If we don’t repositio
Show less
Read more
Impact Snapshot
Event Time:
NPSNY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NPSNY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NPSNY alerts
High impacting NASPERS LTD S/ADR news events
Weekly update
A roundup of the hottest topics
NPSNY
News
- Carried interest’s day of reckoning [Financial Times (FT.com) (UK)]Financial Times
- Voluntary Announcement: Letter From Fabricio Bloisi, Chief Executive, Naspers, on His First 100 Days [Yahoo! Finance]Yahoo! Finance
- Voluntary Announcement: Letter From Fabricio Bloisi, Chief Executive, Naspers, on His First 100 DaysBusiness Wire
- Here is the Year-End FOMC Outlook [Yahoo! Finance]Yahoo! Finance
- SoftBank-Backed Swiggy Files for Initial Share Sale in India [BNN Bloomberg (Canada)]BNN Bloomberg