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

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Antimony Resources Expands Footprint as Soil Sampling Lights Up Ground South of Bald Hill

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Related News

Stellantis to Trim Workforce, Offers Buyouts Amid Industry Shift to Electric Vehicles

Stellantis (NYSE: STLA), the parent company of Chrysler, is initiating a new round of cost-cutting...

Tuesday, November 14, 2023, 07:38:14 AM

Competition Bureau to Pay $13M to Telecom Giants After Failed Merger Block

In a significant ruling, Canada’s merger court has directed the Competition Bureau to compensate Rogers...

Wednesday, August 30, 2023, 02:12:00 PM

Google Reportedly Begins Process of Seeking Cheaper Labor Following Layoffs

Alphabet’s (NASDAQ: GOOGL) Google has commenced a series of layoffs impacting hundreds of its employees,...

Saturday, May 4, 2024, 07:25:00 AM

British Oil Giant BP Cuts Nearly 5% of Workforce “To Simplify” Operations

British energy titan BP (NYSE: BP) unveiled a significant restructuring plan on Thursday, announcing the...

Thursday, January 16, 2025, 02:48:00 PM

Tech Names Top Layoffs In Past Year As Job Cuts Continue

Tech names are leading the pack of companies who have had massive layoffs in the...

Wednesday, January 18, 2023, 03:01:00 PM