Cable / Telecom News

Quebecor laying off 10% of employees

MONTREAL – We’re still in the early days of the Covid-19 crisis, but some companies are already acting in the face of declining revenues. The latest is Quebecor, which said it is temporarily laying off 10% of its workforce, which means about 1,000 people are now out of work as of Monday. The Québec government issued a ministerial order requiring businesses deemed non-essential to close and this is part of the reason Quebecor took this action this morning. The company did say in its statement it will provide support and financial assistance to minimize the impact on its workers. "Since...