{"id":739324,"date":"2026-06-16T00:10:14","date_gmt":"2026-06-16T00:10:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/739324\/"},"modified":"2026-06-16T00:10:14","modified_gmt":"2026-06-16T00:10:14","slug":"bell-cutting-nearly-700-jobs-amid-ongoing-organizational-changes","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/739324\/","title":{"rendered":"Bell cutting nearly 700 jobs amid ongoing ‘organizational changes’"},"content":{"rendered":"

Bell Canada\u2019s parent company is slashing nearly 700 jobs as part of organizational changes that began last year.<\/p>\n

BCE Inc. said the cuts affect around one per cent of its total workforce, or 690 positions, which includes approximately 230 unionized roles.<\/p>\n

The company said most eligible unionized employees are being offered voluntary separation packages.<\/p>\n

\u201cOrganizational changes began late last year to better align the team structure with our strategy, and the current workforce reductions continue that work,\u201d said spokesman Luc Levasseur in an email.<\/p>\n

\u201cThese changes are part of our ongoing business operations and reflect several initiatives, including the migration of customers to a more resilient, easier-to-maintain fibre network and ongoing operating efficiencies.\u201d<\/p>\n

Levasseur said the latest workforce reductions reflect BCE\u2019s three-year plan \u201cto drive sustainable growth in a highly competitive market,\u201d which the company outlined at its investor day last October.<\/p>\n

At the time, the company announced a goal of finding $1.5 billion in total cost savings by 2028 through a \u201ccompanywide transformation and continued focus on operational efficiencies.\u201d<\/p>\n

Last November, in a separate round of job cuts, BCE let go of 650 manager positions at Bell and around 40 other jobs at its Bell Media subsidiary.<\/p>\n

No unionized employees had been laid off at that time, the company said. The media division cuts were \u201cpredominantly\u201d in corporate departments.<\/p>\n

In 2024, BCE slashed nine per cent of its workforce, affecting about 4,800 jobs, as part of a shakeup that also saw it offload dozens of radio stations and end multiple television newscasts.<\/p>\n

That came after the elimination of around 1,300 positions \u2014 about three per cent of its workforce at the time \u2014 in June 2023.<\/p>\n

Last month, BCE reported a profit attributable to common shareholders of $616 million or 66 cents per diluted share in its latest quarter. That compared with a profit of $630 million or 68 cents per diluted share in the first quarter of 2025.<\/p>\n

During an earnings call, BCE chief executive Mirko Bibic said the company has raised its revenue target for its growing AI business by one-third as it moves forward with plans to build a cluster of data centres.<\/p>\n

BCE now expects to generate around $2 billion in revenue from its portfolio of AI-powered enterprise solutions by 2028. That\u2019s up from its previous objective of $1.5 billion in revenue over three years.<\/p>\n

Along with fibre, wireless, and digital media, the company has pointed to AI-powered enterprise solutions as a key pillar of the three-year plan.<\/p>\n

\u201cBell continues to invest in key areas that drive business growth, creating hundreds of new jobs across Canada,\u201d Levasseur said Monday.<\/p>\n

\u201cWe thank departing employees for their contributions and are providing support during this transition.\u201d<\/p>\n

This report by The Canadian Press was first published June 15, 2026.<\/p>\n

Companies in this story: (TSX:BCE)<\/p>\n

Sammy Hudes, The Canadian Press<\/p>\n

\t\tKeep it Factual<\/p>\n

Add CityNews Toronto as a trusted source on Google to see more local stories from us.<\/p>\n

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