Canadian telecommunications firm Rogers Communications (RCI) is offering employees voluntary departure packages following its $26 billion merger with rival Shaw Communications.
The Toronto-based company told staff that it wants to reduce some overlap in roles as it integrates Shaw Communications into its operations.
The voluntary departure packages are being made available to most corporate employees up to the senior director level at Rogers.
Under terms of the merger with Shaw, Rogers is prevented from forcibly laying off employees for a set period.
The federal government in Ottawa has also mandated that Rogers create 3,000 new jobs in Western Canada over five years and maintain them for 10 years following the deal's closure this past spring.
Rogers insists that any staff departures are voluntary at this point and notes that it has hired more than 2,000 employees since the Shaw merger completed in April 2023.
The stock of Rogers Communications has declined 3% over the past 12 months to trade at $61.10 per share.
