- Category: Economic
- Published Monday, January 25, 2016
- CTV News
TORONTO -- Rogers Media has told employees that the company's 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 (TSX:RCI.B), 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 individual people, programs, publications or locations will be affected.
Rogers Media operates 24 TV stations, 52 radio stations, 57 publications and 93 websites.
The company did not immediately respond to request for a comment on the job losses.
Rogers also recently announced a $5 price hike to monthly share-everything cell phone contracts for new customers and $10-$15 increases in monthly costs for new customers who bring their own devices.
"We have made these adjustments to reflect ongoing network and service investments and current market conditions impacting our industry," said Aaron Lazarus, a company spokesman.
Rogers' cuts come amid recent layoffs at other Canadian media organizations. The Guelph Mercury daily newspaper announced Monday it will stop publishing its print editions this week, impacting 23 full-time and three part-time jobs.
Earlier this month, Postmedia announced about 90 job cuts as it moved to merge newsrooms in four cities to help the company trim $80 million in expenses by mid-2017. Torstar, the company that owns Canada's largest circulation newspaper, the Toronto Star, announced in January that it was laying off more than 300 production and editorial employees.