{"id":633297,"date":"2026-04-28T03:42:17","date_gmt":"2026-04-28T03:42:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/633297\/"},"modified":"2026-04-28T03:42:17","modified_gmt":"2026-04-28T03:42:17","slug":"rogers-says-it-is-offering-voluntary-buyouts-in-response-to-cost-pressures","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/633297\/","title":{"rendered":"Rogers says it is offering voluntary buyouts in response to cost pressures"},"content":{"rendered":"<p>TORONTO \u2014 Rogers\u00a0Communications Inc. says it is offering buyouts to some of its employees.\u00a0<\/p>\n<p>Spokesperson Zac Carreiro says in a statement that the company is taking steps to adjust its cost structure in order to reflect the business realities of the current environment.<\/p>\n<p>He says some teams have chosen to offer voluntary departure and retirement programs.\u00a0<\/p>\n<p>Typically, only a small number of employees offered a voluntary buyout will actually accept it.<\/p>\n<p>Carreiro did not say how many buyouts are being offered, but Bloomberg, citing people familiar with the matter, says it is making around 10,000 employees eligible.\u00a0<\/p>\n<p>On-air talent, Sportsnet employees and unionized employees are not eligible for the buyouts along with those at MLSE and Toronto Blue Jays employees.<\/p>\n<p>The company said in its 2025 annual report that its workforce totalled around 25,000 employees.\u00a0<\/p>\n<p>\u00a0Rogers\u00a0announced last week that it is cutting its capital spending by 30 per cent compared with last year, citing what it calls a \u201cpunitive\u201d regulatory environment and competitive pressures. \u00a0<\/p>\n<p>Rogers is the parent company of CityNews<\/p>\n","protected":false},"excerpt":{"rendered":"TORONTO \u2014 Rogers\u00a0Communications Inc. says it is offering buyouts to some of its employees.\u00a0 Spokesperson Zac Carreiro says&hellip;\n","protected":false},"author":2,"featured_media":633298,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48],"class_list":["post-633297","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/633297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=633297"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/633297\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/633298"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=633297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=633297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=633297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}