Rogers' cost management strategy may include more job cuts

By Lesley Hunter

TORONTO – After less than stellar first quarter financial results, Rogers’ president and CEO Nadir Mohamed refused to rule out the possibility of more staff layoffs. At the company’s annual general meeting with shareholders in Toronto on Wednesday, Mohamed said that he expects 2012 to continue as a year of “competitive intensity”, making cost management “absolutely imperative”. “We have a disciplined plan of action”, he said. “In the short term, this means more aggressively managing our costs. It also means remaining absolutely focused on our strategic game plan. This includes strengthening our core business, generating new streams of revenue growth, and...