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.

Cambria Gold Mines — sponsored Sponsored · Cambria Gold Mines

“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

This Copper Mine Costs 1/6 to Restart | SSR Mining X Roxmore

Why Cambria Hit Pause on Its Massive Copper-Gold Spinout

Can Gold Rescue Washington From Its Debt Trap? | Andy Schectman – Miles Franklin

Recommended

Mercado Minerals Lengthens El Triunfo Vein by 190 Metres, Readies 1,500-Metre Zamora Drill Program

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Related News

McDonald’s Closes US Offices, Tells Staff To Work From Home As Layoffs Loom

McDonald’s (NYSE: MCD) is closing its US headquarters and instructing US and some international employees...

Monday, April 3, 2023, 11:27:00 AM

CBC President Doesn’t Rule Out Bonuses for Executives Despite Cutting 600 Jobs

In the wake of Canada’s public broadcaster, CBC, announcing mass layoffs, President Catherine Tait has...

Wednesday, December 6, 2023, 12:32:35 PM

Epic Games to Cut 16% of Its Workforce, ‘We’ve Been Spending Way More Money Than We Earn’

Fortnite developer Epic Games is set to lay off approximately 16% of its workforce, according...

Friday, September 29, 2023, 02:52:00 PM

Rogers Records $12.53 Billion Total Service Revenue In 2021

Rogers Communications (TSX: RCI.B) announced this morning its financial results for the fourth quarter and full-year...

Thursday, January 27, 2022, 10:37:00 AM

GameStop Begins New Round Of Layoffs, Reportedly Cuts Blockchain Team

GameStop Corp. (NYSE: GME), the meme stock phenomenon, has begun a new round of layoffs,...

Wednesday, December 7, 2022, 08:30:00 AM