BCE Inc. is cutting 1,300 positions, around three per cent of its workforce, and closing or selling nine radio stations as the company plans to 'significantly adapt' how it delivers the news.
BCE Inc. is cutting 1,300 positions, around three per cent of its workforce, and closing or selling nine radio stations as the company plans to "significantly adapt" how it delivers the news.
Employees were also informed that Winnipeg's Funny 1290, Calgary's Funny 1060, Edmonton's TSN 1260 Radio, Vancouver's BNN Bloomberg Radio 1410 and Funny 1040, along with London's NewsTalk 1290 would shutter. He told employees the company is coping with "the ongoing migration of advertising revenue to foreign digital platforms" such as Facebook and Google, and a shift from cable, satellite and Fibre TV subscribers to digital streaming platforms.
David Hughes, Ramneek Gill, Sophia Skopelitis and Jonathan Kay will take on expanded roles within the news division as the company moves from a "vertical" to "horizontal" management structure. He took aim at "relentless regulatory intervention" by the CRTC, under Ottawa's direction, that has prioritized measures to bring down the cost of telecommunication services.
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