Apr. 28 at 6:05 PM
$RCI $RCI.B.TSX is offering voluntary departure packages to 50% of its employees, ex-MLSE division, on-air talent & Sportnet production staff, & unionized employees
Rogers had 25,000 employees at the end of 2025 - includes about 3,000 MLSE employees
To reduce its FY26 cap-ex by -30% to
$1.2B compared to last year
As of March 31, 2026, Rogers is carrying over
$25B in long-term debt. Reducing headcount is a key lever to improve cash flow & accelerate debt reduction following major acquisitions like Shaw
Shifting from heavy infrastructure building to operational efficiency
Perfect storm - forcing Rogers to slash costs - convergence of free OTT services & travel e-sims, new satellite players, cord-cutting (cable & home phone), & aggressive CRTC-mandated competition is fundamentally breaking the traditional telecom business model
