Is Rogers Quietly Laying Off Employees?

Concerns are mounting over the possibility of quiet layoffs at Rogers Communications (TSE: RCI.B) during recent restructuring activities within the company. According to information provided to Samfiru Tumarkin LLP, an undisclosed number of employees across various roles were let go in April.

These alleged layoffs, notes the law firm, coincide with the cancellation of Cityline, a long-running daytime talk show owned by Rogers that has been on the air for the past four decades. 

The show’s host, Tracy Moore, expressed her heartbreak over the decision in a recent video.

“This show has in many ways been a gift to me, to my family and to all of us who have the honour and pleasure of working on it.”

This round of suspected job cuts follows a voluntary departure program for employees in February. The company also cut what it said was “a small percentage” of its workforce in June following its $20-billion takeover of Shaw Communications Inc.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Gold Trade Is Shifting From Margins to Growth | Geordie Mark – Blue Jay Gold

CopAur Minerals – This PEA Has A Mine Life of What?!

Ontario’s Fast Track to Silver Production Is Starting to Matter | Frank Basa – Nord Precious Metals

Recommended

Amid CBS Shuffle, Is Joe Rogan Replacing Anderson Cooper On 60 Minutes?

Silver47 Targets Resource Growth With 10,000 Metre Red Mountain Drill Program

Related News

Rogers Communications Agrees To Put Shaw Merger On Hold In Lieu Of Commissioner of Competition Injunction

The controversial merger between Rogers Communications (TSX: RCI.B) and Shaw Communications Inc. has seemingly found a...

Tuesday, May 31, 2022, 11:03:00 AM

Manulife Cuts 250 Jobs in Wealth and Asset Management Unit

Manulife Financial Corp. (TSE: MFC) has become the latest financial institution to reduce its staff....

Wednesday, November 15, 2023, 03:47:00 PM

BMO Cuts Roger Communications’ Price Target After Boardroom Drama Flares Up

On October 8th, The Globe and Mail reported on the recent and abrupt departure of...

Sunday, October 17, 2021, 01:07:00 PM

Google Layoffs: Employees Were ‘Notified’ Via Automated Account Deactivation

On Friday, Google’s parent company, Alphabet Inc (Nasdaq: GOOGL), announced that it slashed 6% of...

Tuesday, January 24, 2023, 10:53:00 AM

White House Plans Mass Layoffs at Health Agencies

The White House is preparing an executive order to terminate thousands of employees across federal...

Friday, February 7, 2025, 02:12:00 PM