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

Gold Isn’t A Trade. It’s Insurance Against What Comes Next. – Rick Rule

Gold Isn’t In A Bubble, Currency Is. – Doug Casey

The Real Move Begins When They Cut Rates | Peter Krauth

Recommended

Emerita Resources Hits 2.7% Copper, 1.85 g/t Gold Over 9.6 Metres At El Cura

Stifel Initiates Coverage On Goliath Resources With $5.00 Price Target

Related News

The Rogers Anti-Pope Showdown

Tomorrow, a BC Supreme Court judge will rule on whether or not Ed Rogers’ unilateral...

Thursday, November 4, 2021, 05:52:55 PM

Rogers Communications Saga Sees Director Take To Twitter To Shame Former Chairman

The Rogers Communications (TSX: RCI) saga has continued to unfold this weekend as expected, and...

Sunday, October 24, 2021, 11:05:00 AM

Rogers Layoffs Add to Growing Wave of Cuts in Canada’s Radio Sector

Rogers Sports & Media, a division of Rogers Communications (TSX: RCI.B), has announced layoffs affecting...

Thursday, November 21, 2024, 10:14:00 AM

Southwest Airlines to Cut 1,750 Corporate Jobs in First Mass Layoff

Southwest Airlines (NYSE: LUV) is cutting 15% of its corporate workforce, breaking with its 53-year...

Tuesday, February 18, 2025, 07:26:55 AM

Is RBC Quietly Letting Employees Go?

Unverified reports of layoffs at Royal Bank of Canada (TSX: RY) have emerged on social...

Wednesday, March 26, 2025, 10:04:00 AM