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Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 839,608,247
Close 2014-11-20 C$ 53.22
Market Cap C$ 44,683,950,905
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Post says BCE's Bell Media cuts another 80 employees

2014-11-21 09:15 ET - In the News

The Financial Post reports in its Friday edition Bell Media has cut 80 full-time positions in its latest round of layoffs, citing an "industry-wide challenging advertising market." A Canadian Press dispatch to the Post quotes the multimedia giant as saying the affected positions represent a cross-section of its areas of business: including local radio and TV; sales, research and revenue management; marketing and communications; network operations; and news. Jacqueline Milczarek, who has worked as a news reader on CTV News Channel since 2007, is among the public faces hit by the cuts. Other on-air talent who were laid off include CHUM-FM host Amanda Logan and BNN anchor and correspondent Chitra Nawbatt. In June, Bell Media announced it would cut 120 positions across its television operations due to the tough advertising market as well as falling subscription revenues. BCE's Scott Henderson said the 80 jobs chopped on Wednesday were "new and additional," not a part of any previously announced cuts. Last week, "etalk" host Tanya Kim and Movie Network announcer Teri Hart were laid off as part of the first round of job losses. BCE shares closed Thursday at $53.21, down 84 cents on the Toronto Stock Exchange.

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