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Rogers Eliminating Jobs to Counter 'Revenue Pressures'
400 Cuts In Addition to 300 Earlier This Year
by Karl Bode 12:46PM Tuesday Jun 26 2012
Despite being among the most price-hike aggressive (not to mention throttling and cap heavy) carriers in North America operating in many of the least competitive markets, Canadian cable operator Rogers says the company will be cutting 400 more jobs in order to counter "revenue pressures." The cuts come on the heels of the elimination of 300 positions earlier this year. In April, Rogers posted a profit of $305-million on $2.95-billion in revenue for the first quarter -- while Rogers CEO Nadir Mohamed pulled in compensation of $8.18 million in 2011. "...A difficult day for everyone but we're really focused in the future on alternative revenue sources and driving the growth of the business," says Rogers spokeswoman Patricia Trott of the layoffs.

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yabos

join:2003-02-16
London, ON

1 recommendation

Rogers rip off

Sorry Rogers, but your TV, cellular and internet services are way over priced as it is. Your new guide is too slow and clunky. Yes it's better than the one before it but it's still too slow.
Your DVR is a rip off at $25/m rental. Your basic cable package is over priced for the little channels you provide.

elwoodblues
Elwood Blues
Premium
join:2006-08-30
Somewhere in
kudos:2

Your call is important to us

Too bad we've laid off the people on the phone, and will begin outsourcing to script readers in India.

El Quintron
Resident Mouth Breather
Premium
join:2008-04-28
Etobicoke, ON
kudos:4
Reviews:
·TekSavvy Cable
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Cheap yet expensive

If Nadir Mohamed took a 2 Million dollar paycut (down to *gasp* 6.18 million) he could probably save all of these jobs and open up a couple more callcentres to boot.

If there's one good thing about this, it's that they're not getting any of my money.
--
Everything in moderation... Including Moderation --Oscar Wilde

blakbas

join:2000-04-27
Woodbridge, VA

1 recommendation

Re: Cheap yet expensive

said by El Quintron:

If Nadir Mohamed took a 2 Million dollar paycut (down to *gasp* 6.18 million) he could probably save all of these jobs and open up a couple more callcentres to boot.

If there's one good thing about this, it's that they're not getting any of my money.

Yea I don't think so. If you only wanted to save the next 400 from getting laid off you would need a hell of a lot more than $2M dollars. Lets assume the average salary is 35K before taxes. 400x35000=$14M. If you wanted to save the 300 before that as well 700x35K=$24.5M. That's not taking into account any type of health care or other expenditures that goes along with keeping an employee on the payroll.

Gone
Premium
join:2011-01-24
Fort Erie, ON
kudos:4

Re: Cheap yet expensive

said by blakbas:

Yea I don't think so. If you only wanted to save the next 400 from getting laid off you would need a hell of a lot more than $2M dollars. Lets assume the average salary is 35K before taxes. 400x35000=$14M. If you wanted to save the 300 before that as well 700x35K=$24.5M. That's not taking into account any type of health care or other expenditures that goes along with keeping an employee on the payroll.

The average salary is most likely well below 35K/year and aside from group dental and prescription coverage there are no other health care costs to cover. Still, your point stands, albeit your numbers are a bit by by a few million bucks.

El Quintron
Resident Mouth Breather
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Etobicoke, ON
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Re: Cheap yet expensive

said by Gone:

The average salary is most likely well below 35K/year and aside from group dental and prescription coverage there are no other health care costs to cover.

In 2007 they attempted to recruit me at $15.68/hour with no benefits... that probably gives you a rough idea of how much they're spending on wages.

It's the bare minimum that's for sure.
--
Everything in moderation... Including Moderation --Oscar Wilde

El Quintron
Resident Mouth Breather
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Etobicoke, ON
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said by blakbas:

Yea I don't think so. If you only wanted to save the next 400 from getting laid off you would need a hell of a lot more than $2M dollars. Lets assume the average salary is 35K before taxes. 400x35000=$14M. If you wanted to save the 300 before that as well 700x35K=$24.5M. That's not taking into account any type of health care or other expenditures that goes along with keeping an employee on the payroll.

You are correct, my math is wrong.

However, at 2 million he'd be saving 57 jobs, and Rogers doesn't offer any type of health benefits to their call center staff (they tried to recruit me in 2007 so I have some knowlege of their entry level offerings)

My opinion of Nadir remains; by your math if they just got rid of him, they'd save 251 jobs. (8.8 mil/35k = 251)

Fire the CEO, save the company... or at least make it so the company can support the business they already have...
--
Everything in moderation... Including Moderation --Oscar Wilde
LastDon

join:2002-08-13
I think since Nadir took over the company has been getting worse and worse..

Though, I do think that when companies lay off employees that government should tax them higher , since they are putting more into the unemployment figures and EI applications!

travisc

join:2001-11-09
Uxbridge, ON
This wasn't just frontline workers they let go, six-figure management types went down too.

El Quintron
Resident Mouth Breather
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Re: Cheap yet expensive

said by travisc:

This wasn't just frontline workers they let go, six-figure management types went down too.

I realize "six-figure-management-types" have families too, but their landings are gonna be much gentler than the 30-35k types that just got canned.
--
Everything in moderation... Including Moderation --Oscar Wilde

baineschile
2600 ways to live
Premium
join:2008-05-10
Sterling Heights, MI

ironic

that the previous article talks about this

KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK

Fixed it...

"we're really focused in the future on alternative revenue sources and driving the growth of our stock price" ...

ArrayList
netbus developer
Premium
join:2005-03-19
Brighton, MA

lol

oh canada

AR
Premium,ExMod 2001-04
join:2000-09-21
Toronto, ON

800 contractors let go

I was talking to someone who used to work in Rogers IT (That job is around $74/hour for a FTE) and I was told that the 300 jobs are FTE which HAVE to be announced.

But what wasn't announced when they cleared out 800 contractors. Assume average hourly rate of 55/hour and that's a LOT of cash.
Skippy25

join:2000-09-13
Hazelwood, MO

Re: 800 contractors let go

A standard 40hr week is 2080 hours. 55/hr would be $114,400 a year.

These jobs obviously may be higher or lower pay rates.

AR
Premium,ExMod 2001-04
join:2000-09-21
Toronto, ON

Re: 800 contractors let go

These are IT contractors.....so $55/hr is on the low end.

114,400 x 800 = LOT of cash.

IT budget at Rogers is around 250M at the least.
Skippy25

join:2000-09-13
Hazelwood, MO

Re: 800 contractors let go

I can't say for sure, but I am going to venture a guess that few jobs at Rogers pays $55/hr or more. Contractors or not.

AR
Premium,ExMod 2001-04
join:2000-09-21
Toronto, ON

Re: 800 contractors let go

Depends on department.

Call centers is low end. For IT contractors, average is in the 55-65 bucks an hour. The person I was talking to told me that there were people billing over $100/hour too.

IT contracting in Canada has been very lucrative till date for a lot of people.
04193189

join:2012-06-18
Kitchener, ON

It's a Global SCAM by ALL corporations

It's a Global SCAM by ALL corporations around this planet to get more profits into investors hands and force the poor into further poverty. It's also a sign that the capitalist system is feeding on itself and it's on it's last legs before a total crash.
Rogers is unwilling to expand on 1 hand and can't due to customers getting wise to their overpriced and 'cheating on services' games.

Back in the 1950's and all the way back to start of settlers in North America it was well understood [comprehended] fact that a "job" was only a temporary thing til you got your affairs in order. Meaning a man [man or woman] would work for someone til they could afford to buy a piece of land [crown land] and start their own operation on it. This meant self sufficiency and neighbors helping each other ... in turn creating strong communities where big business and corporations didn't get a chance to invade or steal.

To make sure this didn't happen big business has been buying up free land, doing foreclosures, firing people, taking away workers rights and creating all manner of situations to keep workers in their place ... as slaves to big business system.
They realized this in Wisconsin, Greece, present student demands in Quebec, plant takeovers by workers in USA, Mexico and revolutions in just about every part of this planet.

Solutions:
1. use that job to get your own clean land and or start your own operation
2. learn your rights from ancient texts, books and scriptures. Most are already on internet »www.sacred-texts.com
3. join or learn from a freeman movement on how the system operates in the background and what your remedies are:
»www.lawfulrebellion.org
»www.freedomrebels.co.uk ... also see links on left side of page
4. learn how to deal with Admiralty courts and Common Law courts for your remedies .. it's not hard to learn the basics .. all you need is to grow some balls ... »www.youtube.com/user/StrawmanRedemption

Peace and happy learning

FFH
Premium
join:2002-03-03
Tavistock NJ
kudos:5

Re: It's a Global SCAM by ALL corporations

said by 04193189:

It's a Global SCAM by ALL corporations around this planet to get more profits into investors hands and force the poor into further poverty. It's also a sign that the capitalist system is feeding on itself and it's on it's last legs before a total crash.

Someone needs to tell China, Russia, & Brazil and some others that capitalism is dead. Because they are strongly growing their economies using the capitalist system.
04193189

join:2012-06-18
Kitchener, ON

Re: It's a Global SCAM by ALL corporations

I'm glad you brought this up. If 1 looks at global situation comprehensively then they find a plan is in play ... endgame of which is »en.wikipedia.org/wiki/Georgia_Guidestones
Now what is the ruling class going to do with rest of us?

I think it's already evident by combination of GMO foods that cause sterility, big pharma using poisons for medicine, austerity measures, global war on terror / killing off anyone that opposes the ruling class, hording of gold silver platinum and other minerals, hording of resources, poisoning of planet via oil and oil products, and other chemicals and so on.

As far as the ancient records say this happens every 12,500 to 13,000 yrs. They also say that a catastrophe happens at this time that wipes most of life on earth.

BTW: i see you support Romney ... did you know that most presidents are related to British royalty and they all have the same game plan?

»www.youtube.com/watch?v=9oYKMJkatzI


Globally all so-called leaders are part of the same game plan and few original bloodlines. That's why the 99% movement against them.

travisc

join:2001-11-09
Uxbridge, ON

Re: It's a Global SCAM by ALL corporations

Are you selling tinfoil hats? I would like to purchase one and subscribe to your newsletter.
04193189

join:2012-06-18
Kitchener, ON

Re: It's a Global SCAM by ALL corporations

Nope .. I thought it was a big joke too til I actually started looking into Canadian Archives .. which led me to British Archives and whole British Empire records world wide .. which led me to rest of documents, original documents, from around the world and every country.

Main places to check and study are all the Sovereign city/states: Washington DC - library of congress, Temple Bar in England / inner city of London, Vatican - even though those records are now highly restricted, Forbidden City of China, Nepal monasteries, du Louvre in France, and most other national records.

Once you dig in you are in for one big surprise ... actually many surprises that may totally blow your mind.

Another thing you want to get to see is king's records of all European kings. Now that's a trip in it's self. Especially ones written on goat, pig or sheep skins.
You might need a lot more than tinfoil as many were treated/cured with piss and other nasty things. LOL
mickw99

join:2003-04-09
Kitchener, ON
kudos:1

rogers you suck

what a kick in the teeth to find out i was laid off for 1% loss

elwoodblues
Elwood Blues
Premium
join:2006-08-30
Somewhere in
kudos:2

Re: rogers you suck

You were laid off so Nadir could keep his bonus .

I suspect that Rogers is finally going to start outsourcing to India, they've resisted to long and the call centres are expensive to keep going.