Bell Canada, Canada’s largest telecommunications company, has announced that they will be laying off 2,500 managers, roughly 15 percent of them, to streamline the company a bit and reduce the management hierarchy from 11 layers to no more than 8.
These cuts, combined with some earlier executive-level job cuts, will save the company around $300 million a year but the cuts aren’t quite done yet. As the companies streamline continues another 500 to 1,000 workers may be laid off.
[Via Electronista]
Filed under: layoffs, tech | Tagged: bell, canada, layoffs, tech, telecommunications
