News Summary

Rogers Communications Inc. is reportedly offering voluntary departure packages to half of its approximately 25,000 employees. This move marks one of the largest job reduction efforts in recent years for the Canadian telecom giant. The buyout offer excludes employees from certain business units, including Maple Leaf Sports & Entertainment, on-air talent, Sportsnet employees, union employees, and Toronto Blue Jays employees. This decision comes as Rogers aims to adjust its cost structure reflecting the current business environment and competitive pressures. The company also announced a reduction in its capital spending by 30% and reported a 10% increase in total services revenue in Q1 2026, despite challenges in its wireless and cable divisions.