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

By: The Canadian Press Posted:

Advertisement

Advertise with us

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

Read this article for free:


or

Already have an account? Log in here »

To continue reading, please subscribe:

Subscribe and receive a limited-edition Free Press branded hat or tote.

Digital Subscription

One year of digital access for only $205*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.

To continue reading, please subscribe:

Add Free Press access to your Brandon Sun subscription for only an additional

$1 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles
Start now

*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.

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)

Related Articles

Rogers' voluntary buyouts could signal further industry cuts to come: analyst
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

Advertisement Advertise With Us

Report Error Submit a Tip

Advertisement

Learn more about Winnipeg Free Press Advertising solutions

More Stories

Wayne Glowacki / Free Press files Artist Carey Newman with Witness Blanket, which features objects recovered from residential schools. Newman hopes legislation can be introduced to preserve records detailing abuse at the schools.

Clock ticks down on destruction of records documenting residential school abuses

Marsha McLeod 13 minute read Preview

Clock ticks down on destruction of records documenting residential school abuses

Marsha McLeod 13 minute read Yesterday at 12:49 PM CDT

In less than a year, a private company is set to destroy the largest cache of records detailing the widespread abuse of Indigenous children at residential schools in Canada.

The destruction, which was ordered by an Ontario court in 2014 and later upheld by the Supreme Court, is set to take place on Sept. 19, 2027.

This countdown is igniting emotional conversations that seek to balance the immense historical value of the records alongside the confidentiality survivors were promised as part of the process of providing detailed testimony about abuses they’d suffered.

The records were created as part of the Indian Residential Schools Settlement Agreement, a class-action settlement stemming from survivors who began suing the federal government in the late 1990s over the harm they’d been subjected to at residential schools.

Read
Yesterday at 12:49 PM CDT

Free Press staff 2 minute read 2:01 AM CDT

Advance voting for civic and school board elections begins next week.

Voters can cast early ballots for the Oct. 28 election in certain locations from Monday through Oct. 23.

Eligible voters can use their address to search for a convenient location.

Early votes can be cast at the council building at city hall (510 Main St.) every day, except weekends and Thanksgiving, from Monday to Oct. 23.

Jack Dobson/The Globe and Mail CBC producer Perry Rosemond in Toronto

Creative powerhouse Perry Rosemond never lost Winnipeg roots

Ben Waldman 7 minute read Preview

Creative powerhouse Perry Rosemond never lost Winnipeg roots

Ben Waldman 7 minute read 6:00 AM CDT

He created King of Kensington, directed the troops in the Royal Canadian Air Farce, and his creative eye was behind the lens for television shows starring Johnny Cash, Tom Jones, Mr. Dress-Up and the Friendly Giant.

He also wrote and developed the Canadian version of Sesame Street during his time as the head of school and preschool programming for CBC in Toronto, and directed a televised special in 2002 for Winnipeg sketch comedy troupe Royal Liechtenstein Theatre Company.

But before his name featured in the credits of some of the most iconic and influential pieces of the Cancon canon, Perry Rosemond was an only child living in a crammed, multi-generational home in Winnipeg’s North End, racing each day to beat the morning bell next door at William Whyte School.

In memoirs that have yet to be published, the late television producer recalled his childhood. “(T)here were 14 of us in the house at 193 Andrews St., and it wasn’t that big of a house,” he writes.

Read
6:00 AM CDT
Ruth Bonneville / Free Press Local A volunteer-led pop-up library at the Manitoba Youth Centre has been shut down by the province, leaving experts and advocates baffled.

Volunteer pop-up library axed from Manitoba Youth Centre

Matthew Frank 4 minute read Preview

Volunteer pop-up library axed from Manitoba Youth Centre

Matthew Frank 4 minute read 2:01 AM CDT

Manitoba Corrections has cancelled a pop-up library program at the Manitoba Youth Centre, leaving inmates without librarian services and fewer options to borrow certain books.

The Prison Libraries Committee, part of the non-profit Manitoba Library Association, operated and funded the volunteer program since 2024 before it was shut down by the province last month. The group previously partnered with the province to offer the service because the facility has no dedicated library of its own.

“It is concerning that community members who are incarcerated, especially youth, are losing out on meaningful programming, access to information and rehabilitation efforts, which are offered at no cost to (Manitoba) Corrections. We urge Manitoba Justice to promote more library services and programming, not less,” said a Sept. 24 letter from the non-profit addressed to the justice minister.

Ashley Huot, chair of the Prison Libraries Committee, said she was puzzled when she received an email last month from Manitoba Corrections stating that the pop-up library was no longer needed.

Read
2:01 AM CDT
MIKAELA MACKENZIE / FREE PRESS FILES Mike Vogiatzakis has a house in the Rural Municipality of St. Andrews.

Mayoral candidate Vogiatzakis criticized for living outside Winnipeg

Malak Abas 4 minute read Preview

Mayoral candidate Vogiatzakis criticized for living outside Winnipeg

Malak Abas 4 minute read Updated: Yesterday at 6:03 PM CDT

A mayoral hopeful took heat from other candidates Friday for living outside Winnipeg while running in the civic election.

Mike Vogiatzakis’s primary residence is in the Rural Municipality of St. Andrews, about 25 kilometres north of Winnipeg — a community with its own mayor and councillors.

But the funeral director said he owns a home in Winnipeg where he divides his time, and he would move to the city full-time if elected mayor.

“It doesn’t matter where a person lives. Why are we dividing St. Andrews and Manitoba and Winnipeg? I’ve met the criteria to run for mayor,” Vogiatzakis said Friday morning.

Read
Updated: Yesterday at 6:03 PM CDT
INSTAGRAM Prediction contracts let you ‘invest’ in whether Justin Trudeau and Katy Perry will get married.

Broadening prediction-market gambling a bad idea

Editorial 4 minute read Preview

Broadening prediction-market gambling a bad idea

Editorial 4 minute read 2:01 AM CDT

Let’s make a prediction: sooner or later, when Canadian governments find a way to take their own cut of the action, prediction-contract gambling on everything from sports to entertainment to political decisions is going to come to Canada.

And that’s a horrible, dangerous, pernicious idea.

Unless you have particular access to information — either inside information or strategic information based on skills or education — you’re not likely to make money at it. In fact, structurally, you’re likely to lose. In prediction markets, you basically pay an amount, plus fees from the company involved, to bet on whether something will or will not happen within a certain time frame. The amount you pay for your contract depends on how other people are also betting.

As Wealthsimple describes it, “You buy whichever side you think is right. Prices move with demand, so if the market leans towards one outcome, the more that side costs. If a lot of people are backing the TSX to finish above 38,000, yes gets more expensive and no gets cheaper.”

Read
2:01 AM CDT