MTS offers early retirement packages to 50 employees
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Hey there, time traveller!
This article was published 14/09/2016 (3625 days ago), so information in it may no longer be current.
Despite the pending acquisition of the company by BCE, MTS continues its cost-cutting efforts by offering early retirement packages for another 50 employees.
Last year the company reduced its workforce by about 300 people through a similar program that had full take-up and did not require layoffs.
Bob Linsdell, executive director of the Telecommunications Employees Association of Manitoba (TEAM), said this is a similar program to the one the company initiated at the end of 2015.
“This time it is significantly smaller and will only apply to 30 of our members and a smaller number from each of the other two unions (Unifor and IBEW),” he said. “We are expecting they will be able to achieve that number without moving to layoffs.”
“These are not layoffs. We are offering a voluntary workforce reduction program,” said Christine Payne, director of corporate communications at MTS.
She said it was unrelated to the pending $3.9 billion acquisition of the company by BCE.
Linsdell reiterated that, saying “I do not think it is part of BCE deal. It is the modus operandi of the CEO.”
Prior to the BCE deal announced in May, the company was in the midst of a so-called “transformation journey” in its efforts to become a customer-focused organization.
Payne said, “We have been building momentum with a number of initiatives aimed at improving processes across the business to make them simpler, quicker and more cost-effective. As expected, this has impacted our workforce and will continue to do so.”
The voluntary retirement package will be offered only to back-office employees and not to workers that deal directly with customers.
This latest early retirement program was announced today, September 14, 2016 and applications will be accepted up to and including October 13, 2016.
martin.cash@freepress.mb.ca