Rogers Sports and Media cuts a ‘few dozen’ jobs in its audio business

Sammy Hudes, The Canadian PressRebecca Teltscher, portfolio manager of Newhaven Asset Management, joins BNN Bloomberg to discuss BCE selling MLSE stake to Rogers for $4.7B.“With the radio industry continuing to feel the pressure of an uncertain advertising market, we made some difficult but necessary changes in our audio business impacting roles in several markets,” said spokesperson Charmaine Khan.

The company said media revenue increased 11 per cent in the quarter compared with the same time last year, although that was “primarily as a result of higher sports-related revenue.” Rogers also offered voluntary departure packages to some employees last year amid its integration with Shaw Communications Inc. after the closure of its $26-billion purchase of the carrier.

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Rogers Sports and Media cuts a 'few dozen' jobs in its audio businessTORONTO — Rogers Sports and Media has cut what it says are a 'few dozen' jobs in its audio business.
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Rogers Sports and Media cuts a 'few dozen' jobs in its audio businessRogers Sports and Media has cut what it says are a 'few dozen' jobs in its audio business.
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Rogers Media lays off ‘a few dozen’ employees in radio business, podcast divisionThe company says no stations have been closed, nor have any radio shows or podcasts been cancelled
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Rogers Sports & Media lays off dozens of workers in audio businessThe Toronto head offices of Rogers Communications are pictured on March 15, 2021. Rogers has signed a deal to buy Shaw Communications in a transaction valued at $26 billion, including debt, which would create Canada's second-largest cellular and cable operator.
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