One of Canada’s largest telecom companies is cutting 200 jobs, accounting for four per cent of its workforce, according to a memo to staff on Monday.
Rogers Media cited reasons including, “significant pressures from a softening advertising market, fierce competition from global players, and shifting audience consumption habits.”
Rogers said the cuts will affect “conventional TV, radio, publishing, and back-office positions.”
The memo did not identify specific people, programs, publications or locations affected.
Rogers Media cutting 200 jobs (4% of workforce) in TV, radio, publishing and back-office roles. Statement here: pic.twitter.com/lP3Dx3qGHo
— Christine Dobby (@christinedobby) January 25, 2016
Last week, Postmedia — Canada’s largest newspaper chain — also announced job cuts, laying off 90 journalists across the country.
With files from the Canadian Press
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Source: HP