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Media & Entertainment

Malaysia video service iflix cuts staff as debt deadline looms

While global groups ride streaming wave amid coronavirus, local players struggle

Iflix's CEO Marc Barnett said the layoffs were a response to the uncertainties related to the coronavirus pandemic.

SINGAPORE -- Malaysia's iflix has laid off an undisclosed number of its staff, market sources say, as the on-demand video platform faces uncertainties related to the coronavirus outbreak and as a key debt deadline approaches.

DealStreetAsia understands that the number of staff affected is fewer than 65 and they are scattered across functions and markets. Iflix is available in 13 markets in Asia, including Malaysia, Indonesia, the Philippines and Thailand.

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