Rogers offers voluntary buyouts to half of its staff, Globe and Mail reports

Rogers Communications (RCI) is offering voluntary departure packages to half of its workforce, the biggest slate of buyout offers in the sector in rercent years amid slowing telecom growth, Globe and Mail’s Irene Galea reports. The company said roughly 50% of its 25,000 staff across numerous units will be offered such packages, but did not say whether it had a reduction target, the author notes. “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,” said Rogers spokesperson Zac Carreiro in a statement.