Tuesday, September 23rd18.6°C
23284
22934

Rogers CEO says some management jobs will go but there's no firm numbers

TORONTO - There will be some reductions in the management ranks at Rogers Communications Inc. (TSX:RCI.B) and a new focus on agility but no large-scale reductions are planned, the company's new chief executive says.

Rogers president and CEO Guy Laurence spent Friday telling the company's workforce and reporters that Rogers will untangle organizational structure that he likened to a bowl of "cold spaghetti" so it can be better at meeting the needs of customers.

"When you remove overlap and reduce bureaucracy, and you create agility, then it takes less people in management. So there will be job losses at the management level. No doubt of this," Laurence said.

"But because this is not a cost story, I don't have a dollar value or a number of people. I don't even have the vaguest idea in my head what that might be."

Laurence said he doesn't expect job losses among the company's front-line employees and "in fact, I see investment in that area, although he couldn't put a dollar value on it or say how many employees might be added.

Among other things, Rogers will adopt a new organizational structure focused on consumer and business customers.

Rogers will also keep its media division, which currently owns conventional radio and television stations, sports entertainment businesses and a magazine publishing operation that includes Maclean's, Chatelaine and Canadian Business.

The company has announced a number of departures, including Robert Bruce, who has been head of the former communications business that includes Rogers Wireless and Rogers Cable. He will serve as president of the new consumer business unit until the end of the year.

On Wednesday, Rogers announced the departure of executive vice-president John Boynton and senior vice-president Shelagh Stoneham, who held marketing positions.

Laurence told reporters in a Friday briefing in an informal lunchroom at Rogers headquarters in downtown Toronto that the company will be adopting a different marketing approach but declined to reveal any details.

Note to readers: CORRECTS spelling of Laurence throughout

The Canadian Press


Read more Business News

23423


Recent Trending




Today's Market
S&P TSX15125.67-3.33
S&P CDNX925.18-2.91
DJIA17055.87-116.81
Nasdaq4508.688-19.001
S&P 5001982.77-11.52
CDN Dollar0.9030-0.0002
Gold1221.90-0.10
Oil91.50-0.91
Lumber329.10-2.90
Natural Gas3.885+0.016

 
Okanagan Companies
Pacific Safety0.135-0.035
Knighthawk0.01-0.005
QHR Technologies Inc1.26-0.01
Cantex0.05+0.01
Anavex Life Sciences0.20-0.0195
Metalex Ventures0.06+0.01
Russel Metals34.95-0.42
Copper Mountain Mining2.42+0.02
Colorado Resources0.165+0.005
ReliaBrand Inc0.0157-0.0049
Sunrise Resources Ltd0.02-0.005
Mission Ready Services0.265-0.005

 



23480

FEATURED Property
20607681749 KLO Rd
3 bedrooms 1 baths
more details
image2
Click here to feature your property
Please wait... loading


Is this a fair offer from ICBC?

“Is this a fair offer from ICBC?”…. “How much should I settle for?”… “What is my claim worth?” These are just some of the questions I regularly get as...


Disruptive innovation

Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...


Executors and their duties

There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...

_








Member of BC Press Council


22496