April 27 - Canadian telecom operator Rogers Communications is offering voluntary departure packages to half of its 25,000 employees, the Globe and Mail reported on Monday.
Here are some details:
• Rogers on Monday said employees across numerous business divisions will be offered packages, but did not say whether it had a reduction target, according to the report.
• "We are taking steps to adjust our cost structure to reflect the business realities of the current environment. As part of this, some teams
have chosen to offer voluntary departure and retirement programs to give some employees the choice to decide whether they'd like to stay with the company or begin a new chapter," Rogers spokesperson Zac Carreiro told the Globe and Mail.
• Some teams across the company including on-air talent, Sportsnet employees at Rogers Sports and Media and union employees are not eligible, the report said.
• Rogers did not immediately respond to a Reuters request for comment.
• Earlier this month, Rogers forecast 2026 capital expenditure about 30% below 2025 levels, as it reins in spending amid a tough pricing environment.
• Separately, Microsoft is planning its first voluntary employee buyout in the Windows maker's 51-year history for a small percentage of its U.S. employees, according to sources familiar with the matter.
(Reporting by Juby Babu in Mexico City; Editing by Sahal Muhammed)
