AlbertC
Superstar
Bell cutting 1,300 positions, shuttering six radio stations
BCE Inc. is cutting 1,300 positions, around three per cent of its workforce, and closing or selling nine radio stations as the company plans to 'significantly adapt' how it delivers the news.
www.ctvnews.ca
BCE Inc. is cutting 1,300 positions, shutting or selling nine radio stations and closing two foreign bureaus as the company plans to "significantly adapt" how it delivers the news in the face of rising financial pressure.
The plan entails "moving to a single newsroom approach across brands, allowing for greater collaboration and efficiency," said Richard Gray, vice-president of news at Bell Media, in an internal memo distributed to staff Wednesday morning and provided to The Canadian Press.
The company's media branch "can't afford" to continue operating with its various brands -- such as CTV National News, BNN, CP24, its local TV news stations and radio channels -- independently of one another, said Bell chief legal and regulatory officer Robert Malcolmson in an interview.
"It's a consolidation of news gathering, news delivery," he said.
The layoffs include a six per cent cut at Bell Media, but Malcolmson said cuts, amounting to around three per cent of its total workforce, are happening across the organization.
"This thing affects all layers of the company and isn't targeted at any one band of employees."
Management positions at BCE are also being slashed by six per cent, while there will also be 20 per cent fewer executive roles in the company compared with 2020.
About 30 per cent of the positions being eliminated are current vacancies that won't be filled.
CTV's foreign bureaus in London, U.K, and Los Angeles are set to close while its Washington, D.C. presence will be scaled back.
Bell Media said it would also shut down Edmonton's TSN 1260 Radio, Vancouver's BNN Bloomberg Radio 1410 and Funny 1040, Winnipeg's Funny 1290, Calgary's Funny 1060, along with London's NewsTalk 1290. It is also selling Hamilton's AM Radio 1150 and AM 820, as well as Windsor's AM 580, to an undisclosed third party, subject to CRTC approval.