Rogers Communications has begun offering voluntary departure and retirement packages to employees across many of its business units, covering about half of its roughly 25,000-employee workforce, according to a report published on Monday. The company said it would present packages to staff in multiple divisions but did not state whether it has a formal target for workforce reduction.
A Rogers spokesperson, Zac Carreiro, was quoted as saying: "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." The quote was attributed to Carreiro in connection with the company's announcement.
The outreach will not cover every role. The company has excluded certain categories from the offer, including on-air talent and Sportsnet employees at Rogers Sports and Media, as well as employees represented by unions, the report said. The exclusions suggest the program is being implemented unevenly across the firm.
Rogers did not immediately respond to a Reuters request for comment on the matter.
Separately, Microsoft is planning its first voluntary employee buyout in the Windows maker’s 51-year history for a small percentage of its U.S. workforce, highlighting a broader trend of selective voluntary programs among major technology and telecom employers.
Context and implications
The company-level initiative is framed as a cost-structure adjustment to align with current business conditions. Rogers has communicated that some teams opted to implement voluntary departure and retirement offerings to provide employees a choice, rather than effecting mandatory layoffs. The scope of eligibility and the absence of a stated reduction target leave several practical details open.
Promotional note included with report
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That promotional passage was part of the original report and references a trading service tied to the RCIa ticker.