Wednesday, September 2, 2026 Search Home Latest Automotive Cannabis Commentary Full Analysis Gold Industrials Macro Oil Resources Technology Resources Energy Technology Covered Companies Altamira Gold Corp. Antimony Resources Blue Jay Gold Cambria Gold Mines Canadian Copper Inc. Cardiol Therapeutics Inc. Crossroads Gold Emerita Resources Corp. First Majestic Silver First Phosphate Corp. Granada Gold Mine Inc. McLaren Resources Inc. Mercado Minerals Ltd. Nord Precious Metals Power Metallic Inc. PTX Metals Inc. Riverside Resources Selkirk Copper Mines Silver47 Exploration Inc. About Contact Us Home Latest Automotive Cannabis Commentary Full Analysis Gold Industrials Macro Oil Resources Technology Resources Energy Technology Covered Companies Altamira Gold Corp. Antimony Resources Blue Jay Gold Cambria Gold Mines Canadian Copper Inc. Cardiol Therapeutics Inc. Crossroads Gold Emerita Resources Corp. First Majestic Silver First Phosphate Corp. Granada Gold Mine Inc. McLaren Resources Inc. Mercado Minerals Ltd. Nord Precious Metals Power Metallic Inc. PTX Metals Inc. Riverside Resources Selkirk Copper Mines Silver47 Exploration Inc. About Contact Us Home Latest Automotive Cannabis Commentary Full Analysis Gold Industrials Macro Oil Resources Technology Resources Energy Technology Covered Companies Altamira Gold Corp. Antimony Resources Blue Jay Gold Cambria Gold Mines Canadian Copper Inc. Cardiol Therapeutics Inc. Crossroads Gold Emerita Resources Corp. First Majestic Silver First Phosphate Corp. Granada Gold Mine Inc. McLaren Resources Inc. Mercado Minerals Ltd. Nord Precious Metals Power Metallic Inc. PTX Metals Inc. Riverside Resources Selkirk Copper Mines Silver47 Exploration Inc. About Contact Us Latest Technology Rogers Offers Buyouts to Half Its 25,000 Employees Johnathan Wall Monday, April 27, 2026, 03:05:47 PM Rogers Communications (TSX: RCI-b) has launched a sweeping cost-cutting initiative, offering voluntary departure packages to roughly 50% of its 25,000-strong workforce, marking one of the largest buyout programs in the Canadian telecom sector in recent memory. The Toronto-based company announced the move on Monday as it grapples with slowing revenue growth across the industry and a challenging regulatory landscape. The buyout offers span numerous business divisions and corporate functions, though certain groups, including on-air talent, Sportsnet employees at Rogers Sports and Media, and unionized staff, are excluded. Rogers did not disclose a specific target for headcount reduction, framing the program as a way to align costs with current business realities. “We are taking steps to adjust our cost structure to reflect the environment,” said spokesperson Zac Carreiro. “Some teams have chosen to offer voluntary departure and retirement programs to give employees the choice to stay or begin a new chapter.” Rogers Communications is offering voluntary buyouts to approximately 50% of its workforce, according to The Globe and Mail. This workforce reduction effort comes on the heels of Rogers’ decision to slash its 2026 capital expenditures by up to $1.2 billion, a 30% cut from last year’s levels. The company has faced years of elevated spending, and executives have pointed to a tough regulatory environment as a key pressure point driving the need for tighter financial discipline. The telecom, media, and sports conglomerate is navigating a broader industry trend of stagnating growth, pushing firms to rethink operational models. Rogers’ latest moves signal a strategic pivot to preserve margins while maintaining core services amid heightened competition and economic uncertainty. As the buyout program rolls out, the scale of employee uptake remains unclear, but the potential impact on Rogers’ cost base could be substantial with up to 12,500 employees eligible. Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
Curated by Taleb Kabbara · Source: thedeepdive.ca