Rogers Media To Cut 200 Jobs
January 25, 2016 at 1:07 PM (PT)
ROGERS MEDIA has announced that it will cut 200 jobs, 4% of its overall workforce. The company said that the terminations will be effective next week and will primarily affect "conventional TV, radio, publishing and back-office positions." Advertising sales, competition, and changing consumer habits were cited as reasons for the move, but no specific information about the cuts other than the overall number was released.
ROGERS owns 52 radio stations in CANADA as well as 24 TV stations, 93 websites and 57 print publications. A memo to the staff indicated that all divisions of the company will be affected except for the TORONTO BLUE JAYS. The company's fiscal fourth quarter results are scheduled to be announced on WEDNESDAY.
The news comes amidst a wave of setbacks for the Canadian media industry. Competitor BELL MEDIA recently cut 380 jobs across its operations; TORSTAR, parent of the TORONTO STAR, is laying off over 300 employees, while POSTMEDIA, CANADA's largest newspaper chain, cut 90 jobs and merged newsrooms of its newspaper duopolies in VANCOUVER, EDMONTON, CALGARY, and OTTAWA. METROLAND MEDIA GROUP announced TODAY that it is ending print publication of the GUELPH MERCURY, a daily paper that has printed continuously since 1867, while CHANNEL ZERO, licensee of independent CHCH-TV/HAMILTON, scaled back its local news after the bankruptcy filing of CHANNEL 11, L.P., the entity that produced newscasts for the station. And the CBC has experienced several large layoff waves in the past two years as the public network has downsized due to reduced federal funding.