Shaw Communications Inc. has announced a massive staff-reduction program that asks some 6,500 employees to consider taking voluntary buyouts as the company looks to cut its workforce. To that end, Shaw Communications president Jay Mehr said the company will need to make "some significant changes to serve customers the way they expect to be served in 2018 and beyond." Employees at both Shaw and its mobile operator, Freedom Mobile, have been offered the buyout package and the parent company expects about 10 per cent (650) will accept it. The actual departures of employees who accept the buyouts will then take place over the ensuing two to 18 months, the memo states. "This program will be made available in the future to employees currently not eligible, should business needs arise."

Source: CBC News January 30, 2018 18:53 UTC