They've been awful with this for like 5 years now. Tough to get behind such a good cause (from the optics of it, there's a ton of skeletons when you look at where the money goes) when they do this so soon after.
Right after their Bell Let's Talk campaign wraps up again. Tough day for a lot of Bell employees.
https://www.ctvnews.ca/business/not-...offs-1.6760935
TORONTO - BCE Inc. is selling off 45 of its 103 regional radio stations as it cuts nine per cent of its workforce, including journalists and other workers at its Bell Media subsidiary.
The affected stations are in British Columbia, Ontario, Quebec and Atlantic Canada.
The company announced Thursday in an open letter signed by chief executive Mirko Bibic that 4,800 jobs “at all levels of the company” would be cut.
Some employees have already been notified or were to be informed Thursday of being laid off, while the balance will be told by the spring. Bibic said the company will use vacancies and natural attrition to minimize layoffs as much as possible.
It marks the second major layoff at the media and telecommunications giant since last spring, when six per cent of Bell Media jobs were eliminated and nine radio stations were either shuttered or sold.
In a separate internal memo, Bell Media president Sean Cohan said the company intends to divest 45 radio stations to seven buyers: Vista Radio, Whiteoaks, Durham Radio, My Broadcasting Corp., ZoomerMedia, Arsenal Media and Maritime Broadcasting. The sales are subject to CRTC approval and other closing conditions.
“That's a significant divestiture. It's because it's not a viable business anymore,” said Bell chief legal and regulatory officer Robert Malcolmson in an interview with The Canadian Press.
“We will continue to operate ones that are viable, but this is a business that is going in the wrong direction.”
The company declined to say how many of the total job cuts were at Bell Media specifically.
10 Team, Points Only, Cash League
25 Man Roster (no position), top 20 point getters count at end of month
Keep 20/25 at seasons end, Cut 5 to FA for redrafting
Goalie points W=2pt L=-1pt SHO=2pt
Stamkos, Tavares, Eichel, Mercer, JRobertson, RThomas, Kucherov, Nugent-Hopkins, Tuch, KConnor, Necas, Point, Konecny, SJarvis, Cozenz, Morrissey, Bouchard, Josi, Novak, Tolvanen, Peterka, SBennett
G- Vasilevskiy, Sorokin, Oettinger
"Cleavage is like the sun. You can look, but dont stare.. Unless you're wearing sunglasses."
They've been awful with this for like 5 years now. Tough to get behind such a good cause (from the optics of it, there's a ton of skeletons when you look at where the money goes) when they do this so soon after.
12 Team, H2H, Keep 6 (in Bold)
G, A, Pts, PPP, FW, SOG, Hits, Blocks
W, Saves, S%, GAA, Game Started
2C, 2LW, 2RW, 4D, 1Util, 2G, 5BN, 2IR, 1IR+, 1NA
C: Horvat, Trocheck
LW: J. Robertson, Byfield (C), Guenther
RW: Pavelski (C), Giroux (C), Svechnikov (LW)
D: Fox, Makar, Bouchard, Morrissey, Gudas
Util: Meier (LW, RW)
G: Oettinger, Georgiev, Samsonov, Woll
Ouch, cutting 4800 jobs that's not good at all!
Awesome. A guy who worked for me used to work for Bell and told me he was not treated very well. You can bet that the executives will continue to receive their bonuses as layoffs continue. Business as usual for most large companies.
"For I am a sinner in the hands of an angry God. Bloody Mary, full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen." - Sterling Archer
"Don't spray that urine on my sons window. If you want a dollar for doing nothing, walk to Canada." - Malory Archer
“Anyone who thinks the pen is mightier than the sword has not been stabbed with both.” - Lemony Snicket
Damn hope my Binlaw keeps his sweet gig at TSN.
Bell's CEO's compensation went up by almost 2.5M$ to over $13M from the previous year.