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Tuesday, November 05, 2013

Rogers Media lays off 94 people

Rogers Media has announced the layoff of two per cent of its work force -- 94 people -- in response to declining advertising revenue. Rogers Media includes the magazine division, the City and Omni television networks, a string of 55 radio stations and specialty television channels such as FX Canada and Sportsnet.
The only operating units unaffected by changes were in the sports entertainment division, specifically Rogers Centre and the Toronto Blue Jays baseball operation.
 President Keith Pelley said in a memo to employees:
“Today we made changes to our business that will allow us to continue to make investments in our priority brands and strategic growth initiatives, and better position us for the future… Decisions like these are never easy, but are necessary.”
More as it is known. 
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1 comment:

  1. Anonymous1:34 am

    Keith Pelley: "Decisions like these are never easy..."

    Easier for him than for the poor slobs who got laid off, some after decades of service.

    ReplyDelete

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