NBCUniversal is planning to lay off dozens of employees as the African streamer Showmax shuts down

NBCUniversal is laying off staffers as the Showmax streaming service shuts down.

Beata Zawrzel/NurPhoto via Getty Images

• NBCUniversal is planning to cut dozens of employees as the African streamer it jointly operated with Canal+ shuts down.
• Showmax was an "expensive failure," said Canal+, which owns 70% of the venture.
• NBCU employees were informed about the change on Wednesday.

NBCUniversal is planning to let go of dozens of staffers as an African streaming...