Rogers cuts 900 jobs, 3% of workforceCanadian cable giant cites increased competitionNov 27, 2009, 05:42 AM ET
TORONTO -- Canadian cable giant Rogers Communications has cut
around 900 management and senior executive jobs to fend off
increased mobile phone competition from rivals Bell Canada and
Telus Corp.
A Rogers spokeswoman confirmed the streamlining cuts Thursday, which represent just over 3% of the Toronto-based group's 30,000-strong workforce countrywide. The cost-cutting measure follows Rogers losing a key advantage from selling the iPhone in Canada as phone rivals Bell Canada and Telus have just started marketing the Apple smartphone to their customers. And Rogers media division, including radio, TV and print operations, continues to face the Canadian industry's worst-ever advertising slump. Rogers cuts 900 jobs, 3% of workforceCanadian cable giant cites increased competitionNov 27, 2009, 05:42 AM ET
TORONTO -- Canadian cable giant Rogers Communications has cut around 900 management and senior executive jobs to fend off increased mobile phone competition from rivals Bell Canada and Telus Corp.
A Rogers spokeswoman confirmed the streamlining cuts Thursday, which represent just over 3% of the Toronto-based group's 30,000-strong workforce countrywide. The cost-cutting measure follows Rogers losing a key advantage from selling the iPhone in Canada as phone rivals Bell Canada and Telus have just started marketing the Apple smartphone to their customers. And Rogers media division, including radio, TV and print operations, continues to face the Canadian industry's worst-ever advertising slump.
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