HALIFAX – Bell Aliant unveiled a voluntary retirement incentive to some of its unionized employees in Atlantic Canada on Thursday.
The offer provides a financial incentive to a “limited number of senior front-line employees” who are already eligible for retirement in 2009. Approximately 120 employees will be able to take advantage of the offer, which will be limited by department so that customer service will not be adversely affected, the company said in a statement.
“I am very pleased that we have been able to work with our union to meet our shared interests,” said Karen Sheriff, president and CEO, in the statement. “This voluntary program allows us to maintain our cost competitiveness and efficiency, sustain strong customer service and, at the same time, provide some of our most senior employees with an opportunity to retire earlier than planned."
Aliant announced in January that it planned to cut 500 management positions, or 5% of its overall workforce, this year in order to become more cost efficient.