Bell cuts nearly 700 jobs in latest restructuring
BCE Inc. is shedding around 690 positions, including 230 unionized roles, as it shifts customers to fibre networks.
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Bell Canada's parent company is eliminating nearly 700 jobs as part of ongoing organizational changes that began last year.
BCE Inc. says the cuts affect roughly one per cent of its total workforce—690 positions in all, with approximately 230 unionized roles. Most eligible unionized employees are being offered voluntary separation packages.
The move reflects several shifts in how Bell operates, including migration of customers "to a more resilient, easier-to-maintain fibre network," along with the company's push to find ongoing operating efficiencies.
This is the second major round of cuts in eight months. Last November, BCE let go of 650 manager positions at Bell and around 40 other jobs at its Bell Media subsidiary. At its investor day in October, BCE announced a goal to find $1.5 billion in total cost savings by 2028 through what it calls a "companywide transformation and continued focus on operational efficiencies."