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 $30,000 Gold Case Just Got Stronger | Simon Marcotte

Why Silver’s Move Is ‘Scary’ to Some Miners | Frank Basa

Are Commodities Entering a Generational Cycle? | Terry Lynch

Recommended

Antimony Resources Ramps Up Drilling As It Hires SRK For Maiden Resource Estimate

McLaren Resources: Strategic Exploration in the Heart of the Timmins Gold District

Related News

More 2022 Layoffs: BuzzFeed Cuts 12% Of Its Workforce

Jonah Peretti is the latest tech CEO to send an apology email as BuzzFeed, Inc....

Wednesday, December 7, 2022, 06:30:00 AM

Rogers Outage Is Relevant To The Pending Shaw Merger, Says Competition Tribunal

If you think the recent network outage of Rogers Communications (TSX: RCI.B) should be an...

Wednesday, August 31, 2022, 11:03:00 AM

Quebecor Goes After Loblaw’s Partnership With Bell And Rogers: “Major Cause Of Concern”

Quebecor has lodged a formal complaint with the Competition Bureau of Canada, challenging a new...

Wednesday, June 12, 2024, 02:56:00 PM

UPDATED: Rogers Media Scrambles to Manage John Tory Crisis; Falsely Claims Freeland Urged Him Not to Resign

It appears that the Rogers Communications (TSX: RCI.b) owned media outlet CityNews was pushing false...

Wednesday, February 15, 2023, 08:33:40 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