Cable / Telecom News

Rogers cutting 20% of senior positions


TORONTO – Following its September re-organization and shuffling of its most senior people, Rogers Communications is now beginning to move people below them around – and cutting a number of those executives loose, too.

In this morning’s conference call with financial analysts discussing the company’s third quarter results, CEO Nadir Mohamed said the company is eliminating duplication in the upper floors at 333 Bloor St. E. since both wireless and cable are now under one Communications roof.

“We are taking the opportunity to streamline management and our operations,” said Mohamed. “As a result of the integration and flattening of the organization, we are reducing the number of management layers and eliminating duplication, much of it at the more senior levels, and we have eliminated 20% of positions at the vice-president level and above, across the combined wireless and cable organizations.”

He added that personnel cuts below that level are expected to be in the low single digits.

Cartt.ca has asked for further clarification on the changes since the rumor mill is spinning – with names being tossed into the mix – and we’ll let you know more as soon as we can verify them.

– Greg O’Brien