06:11:01 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,274,545
Close 2024-02-14 C$ 50.14
Market Cap C$ 45,741,445,686
Recent Sedar Documents

Post/CP say MPs want BCE executives to explain job cuts

2024-02-15 09:26 ET - In the News

The Financial Post reports in its Thursday edition that members of Parliament have invited several top executives from BCE and Bell Canada to testify later this month about the company's decision to cut about 9 per cent of its work force this year. A Canadian Press dispatch to the Post says that the House of Commons heritage committee has agreed to invite BCE chief executive officer Mirko Bibic to address the cuts, which include impacts on newsrooms across the country. The committee also agreed to invite Bell Media president Sean Cohan and the parent company's chief financial officer Curtis Millen, along with a handful of others. The Liberal motion to invite the executives on Feb. 29 was supported by the NDP and Bloc Québécois, with Tories on the committee abstaining. BCE, Bell Media's parent company, announced last week it is cutting 4,800 positions, ending several television newscasts and selling off 45 of its 103 radio stations. BCE closed Wednesday at $50.14, down 19 cents on the Toronto Stock Exchange.

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