The Globe and Mail reports in its Friday edition that on Thursday, BCE announced it is cutting its work force by 4,800 positions. The Globe's Alexandra Posadzki writes that also Thursday, BCE boosted its dividend by 3.1 per cent for 2024 as it posted $6.47-billion of revenue during the three-month period ended Dec. 31, up 2 per cent from $6.44-billion a year earlier. Its fourth-quarter profit amounted to 42 cents per share, down from 58 cents per share in the same period of 2022. After adjusting for various items, including severance costs associated with last year's job reductions, BCE had $691-million of profit, or 76 cents per share, up from $654-million, or 71 cents per share, during the same quarter in 2022. Analysts had been expecting adjusted earnings of 73 cents per share and revenue of $6.47-billion. The telco added 128,715 net new postpaid wireless customers during the quarter, down 16.8 per cent year-over-year from 154,617. The company attributed the decrease to a more competitive marketplace, noting that churn -- the rate of customer turnover on a monthly basis -- among its postpaid wireless customers increased 1.63 per cent during the quarter, compared with 1.22 per cent a year earlier.