Rogers offering voluntary buyouts in bid to reduce corporate-office head count in wake of Shaw merger

  • 📰 TorontoStar
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

Rogers CEO Tony Staffieri said in a memo to employees Tuesday that the combined business is looking to “eliminate duplicate roles.”

Rogers is offering voluntary severance packages to employees in the wake of its takeover of Shaw.and Rogers CEO Tony Staffieri said in a memo to employees Tuesday that the “integration of the two companies is going well,” but that the combined business is looking to “eliminate duplicate roles.”

Merging companies typically find cost savings by cutting jobs in departments that can be combined across one bigger firm, such as marketing, accounting and human resources. Toronto-based RogersThe company’s bid to reduce its corporate-office head count comes as Rogers has said it still plans to hire on the customer-service and technical side.

“Since coming together with Shaw, we’ve hired over 2,000 employees and we remain committed to creating thousands of jobs over the next few years as our business continues to grow,” Rogers spokesperson Sarah Schmidt said Tuesday. Most customer-facing workers, those on media production teams and those with “critical support functions” will not be eligible for the buyouts, he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 60. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rogers offers voluntary departure packages to some employees following Shaw merger - National | Globalnews.caRogers Communications Inc. is offering voluntary departure packages to some employees as it integrates Shaw Communications Inc. following its $26B purchase of the carrier in April.
Source: GlobalNational - 🏆 81. / 51 Read more »

Rogers launches voluntary departure program to eliminate ‘overlap’ after Shaw mergerRogers launches voluntary departure program to eliminate ‘overlap’ after Shaw merger. In a memo to staff on Tuesday, CEO Tony Staffieri says Rogers has been looking to reduce some overlap in roles since the companies combined.
Source: TorontoStar - 🏆 60. / 55 Read more »

Rogers launches voluntary departure program to eliminate 'overlap' after Shaw merger - BNN BloombergRogers Communications Inc. is offering voluntary departure packages to some employees as it integrates Shaw Communications Inc. following its $26-billion purchase of the carrier in April.
Source: BNNBloomberg - 🏆 83. / 50 Read more »