Cable & Telecom

Bell plans price increases, more job cuts

TORONTO – Saying (many, many, times) that the company is “rebuilding Bell” or moving towards “the new Bell”, Bell Canada Enterprises senior management made a number of announcements this morning that will be hard on workers and customers. CEO Michael Sabia told those in attendance at this morning’s company “Business Review” 2006 investors day that the company intends to cut between 3,000 and 4,000 people from its work force “primarily through attrition,” he said. This will lead to savings of around $2 billion between now and the end of 2007\ he said. Newly minted Bell COO George Cope (who was...