Bell Media president Sean Cohan says layoffs were necessary to reach company's goals [Globe and Mail, The (Toronto, Canada)]
BCE, Inc. (BCE)
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Source: Globe and Mail, The
In February, Bell announced 4,800 job cuts at all levels of the company, of which fewer than 10 per cent have affected Bell Media specifically. Bell Media also announced the end of multiple local newscasts across the country and said CTV's flagship investigative series “W5” would no longer be a standalone program. Cohan said Bell Media now has “more dedicated journalists in more territories” in Canada than ever before as a result of the restructuring. The company says “CTV National News” will soon have dedicated newsgathering staff in all 10 Canadian provinces, a first for the newscast. While BCE Inc., announced it was selling off 45 of 103 Bell radio stations as part of the restructuring, Cohan said he thinks radio is still “a viable business going forward.” He said the company sold those stations to “committed local players” it felt were “better homes.” In his keynote address at the BSO Symposium, Cohan said an important part of his mandate is to create greater diversity wi
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BCE
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- 3/26/24 - Form 6-K
- BCE's page on the SEC website