Rogers Media has told employees that the company’s Canadian workforce will be reduced by four per cent, affecting 200 jobs in television, radio, publishing and administration.
The Toronto-based company says the cuts are part of efficiency efforts at Rogers Communications, one of Canada’s largest telecom companies.
A memo to Rogers Media staff says the job cuts will begin in February and will conclude as soon as possible.
It didn’t immediately identify which indivdual people, programs, publications or locations will be affected.
Below is a statement from Rogers Media:
As you are aware, the media industry continues to experience significant pressures from a softening advertising market, fierce competition from global players, and shifting audience consumption habits.
Today, we shared with our employees that we will be undergoing some changes at Rogers Media. We have identified cost efficiencies in production, operations and procurement, and have made the difficult decision to reduce headcount, primarily affecting conventional TV, radio, publishing, and back-office positions.
Approximately 200 positions will be impacted, representing 4% of our workforce at Rogers Media. These changes will begin in February and will conclude as soon as possible.
This was not an easy decision, but was right for our business long-term. There will be tough days ahead, but we will communicate as much as we can with our employees to keep them informed throughout this challenging time of transition.
While difficult, these changes are essential to delivering on our Rogers 3.0 plan and to position us for continued success and future growth while helping us effectively manage costs.
No comments:
Post a Comment