Bell Canada CEO Mirko Bibic defends job cuts in Commons committee testimony

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Bell's parent company announced Thursday it would lay off thousands of employees — including hundreds of journalists.

As members of Parliament accuse Bell Canada of corporate greed, the head of the company is defending its decision to cut thousands of jobs, citing a shift in Canadians' viewing habits away from traditional TV.The Canadian PressBell's parent company announced in February it would lay off thousands of employees — including hundreds of journalists.

Parliamentarians had ordered him to appear and answer for the cuts, which affect nine per cent of BCE Inc.'s workforce.In February, the company announced it was cutting some 4,800 jobs, ending multiple television newscasts and selling off 45 of its 103 radio stations. "I think it's important to think about Canadians, particularly those who subsidized your company for so long."

 

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