Rogers Offers Buyout Packages to Roughly Half of 25,000 Employees Amid Cost-Cutting Push

Rogers Offers Buyout Packages to Roughly Half of 25,000 Employees Amid Cost-Cutting Push
Telecommunications company Rogers Communications signage is pictured in Ottawa on July 12, 2022. The Canadian Press/Sean Kilpatrick
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Rogers Communications says it will be offering voluntary buyout packages to roughly half of its 25,000 employees nationwide as it pushes forward with cost-cutting measures amid rising competition and pricing pressure in the wireless market.

The telecom company said the move is part of adjusting to the current business environment, noting that only some Rogers teams will be eligible for the voluntary departure and retirement packages.