CALGARY – Late Monday afternoon, Shaw Communications announced structural changes to its operating units “that will improve overall efficiency while enhancing its ability to grow as the leading content and network experience company,” according to the press release.
Operation of the company’s residential cable, satellite, Internet and home phone services will be consolidated into a new Consumer business unit. Shaw's enterprise services – including cable, telephony, satellite and tracking – will be integrated into a new Business unit. Shaw's Media business will continue to be managed as a stand alone unit.
The company has also combined its engineering and IT functions into a single technology and network operations (TNO) team.
Approximately 400 management and non-customer facing roles will be affected by the organizational changes, the company said. To support the new structure, Shaw will also be hiring “upwards of 100 people and investing resources in specific areas, including procurement, supply chain, marketing, pricing, network architecture, and next generation products.”
The amount of annual savings generated by the moves is not being disclosed by the company at this time.
"The roles and structure we established years ago to support us as a cable company can no longer support our growth," said Brad Shaw, CEO, in the release. "We are eliminating duplication of work and organizing our activities and operations in a way that best meets the needs of our customers and viewers.
"We are leaders in an industry that is constantly evolving, and the changes we're making in our company will allow us to give our viewers and customers more of what they love," Mr. Shaw said.
