Monday, January 25, 2016

Rogers Media to cut 200 jobs across TV, radio, publishing divisions

The Globe and Mail's Christine Dobby reports:
"Rogers Media announced Monday it plans to cut 200 jobs across its television, radio and publishing divisions.
"The company said the layoffs, which represent 4 per cent of its work force, will begin in February and “conclude as soon as possible.”
“'The media industry continues to experience significant pressures from a softening advertising market, fierce competition from global players, and shifting audience consumption habits,' spokeswoman Andrea Goldstein said in an e-mailed statement.
"She said the Toronto-based company identified cost savings in production, operations and procurement and 'made the difficult decision to reduce head count.'
"The cuts will primarily affect Rogers’ conventional television, radio and publishing operations as well as back-office roles, Ms. Goldstein said. She added in a separate e-mail that “today’s announcement impacts all areas of Rogers Media, except for the Toronto Blue Jays.”

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