{{ currentBoardShortName }}
  • Markets
  • Indices
  • FX
  • Energy
  • Metals
  • Live
Markets
As of: {{timeStamp.date}}
{{timeStamp.time}}

Markets

{{ currentBoardShortName }}
  • Markets
  • Indices
  • FX
  • Energy
  • Metals
  • Live
{{data.symbol | reutersRICLabelFormat:group.RICS}}
 
{{data.netChng | number: 4 }}
{{data.netChng | number: 2 }}
{{data | displayCurrencySymbol}} {{data.price | number: 4 }}
{{data.price | number: 2 }}
{{data.symbol | reutersRICLabelFormat:group.RICS}}
 
{{data.netChng | number: 4 }}
{{data.netChng | number: 2 }}
{{data | displayCurrencySymbol}} {{data.price | number: 4 }}
{{data.price | number: 2 }}

Latest Videos

{{ currentStream.Name }}

Related Video

Continuous Play:
ON OFF

The information you requested is not available at this time, please check back again soon.

More Video

Jun 14, 2018

Rogers Media cuts 75 jobs amid industry ‘headwinds’

Rogers

Security Not Found

The stock symbol {{StockChart.Ric}} does not exist

See Full Stock Page »

Rogers Media laid off approximately 75 full-time employees Thursday, citing ongoing industry challenges such as print revenue pressure.  

“We have reorganized our digital content and publishing structure to reflect the headwinds the industry is facing and make the business sustainable,” a company spokesperson said in a statement.

Rogers said with the 75 cuts, its digital content and publishing team will be reduced to approximately 150 people.  

“The decisions are very difficult,” the statement read. “We believe we have the right structure in today’s environment that best positions our publishing brands for continued success." 

In September 2016, Rogers announced a sweeping overhaul of its magazines that saw Flare, Sportsnet, MoneySense and Canadian Business become online-only publications.

The company said it remains committed to producing high-quality editorial content. 

Rogers also said the reorganization will see Steve Maich, senior vice-president of digital content and publishing, leave the organization later this summer. Sarah Trimble was named vice-president, digital content and publishing.

"Throughout his extraordinary 14-year tenure at Rogers Media, Steve Maich has left an indelible mark on all those who have had the pleasure of working with him, and all the loyal readers who have enjoyed his writing," Rick Brace, president of Rogers Media, said in a statement.

Lianne George, editor in chief at Chatelaine, also tweeted that she has decided to leave the magazine and Rogers.

"It's been the greatest joy to work for this publication, and with this wonderful, big-hearted group. I know the team will continue to do great things," George tweeted from her verified account.

The majority of the cuts were staff based in Toronto and included a variety of editorial roles.

Rogers has one of Canada's biggest media businesses, active in print and digital publishing, radio broadcasting and television including the Sportsnet specialty channels.

However, Rogers Media is much smaller than the company's wireless and cable divisions.

It said that all of its current publishing brands will continue and the company remains committed to producing high-quality editorial content.

With files from The Canadian Press