Rogers says it is offering voluntary buyouts in response to cost pressures

By: The Canadian Press Posted:

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TORONTO - Rogers Communications Inc. says it is offering buyouts to some of its employees. 

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TORONTO – Rogers Communications Inc. says it is offering buyouts to some of its employees. 

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.

He says some teams have chosen to offer voluntary departure and retirement programs. 

The Rogers Communications sign is marks the company's headquarters in Toronto, April 25, 2012. THE CANADIAN PRESS/Aaron Vincent Elkaim
The Rogers Communications sign is marks the company's headquarters in Toronto, April 25, 2012. THE CANADIAN PRESS/Aaron Vincent Elkaim

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. 

The company said in its 2025 annual report that its workforce totalled around 25,000 employees. 

 Rogers announced last week that it is cutting its capital spending by 30 per cent compared with last year, citing what it calls a “punitive” regulatory environment and competitive pressures.  

This report by The Canadian Press was first published April 27, 2026.

Companies in this story: (TSX:RCI. B)

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Rogers chair of the board Edward Rogers, left, talks with CEO Tony Staffieri at the telecommunications company's AGM, in Toronto, Wednesday, April 26, 2023. THE CANADIAN PRESS/Chris Young

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