JOURNAL ARTICLE

Trudeau calls out Canada's largest communications company following announced cuts.

  • Published In: FttX (1082-2119), 2024, v. 36, n. 2. P. 2 1 of 2

  • Database: Business Source Ultimate 2 of 2

Abstract

Canada's largest communications company, BCE, has announced a reduction of 4,800 positions, leading to layoffs and cost-cutting measures. The company blames federal government policies and a decision by the Canadian Radio, Television, and Telecommunications Commission (CRTC) for their decision to slash capital expenditures and roll back fiber network expansions. Prime Minister Justin Trudeau has criticized the company's layoffs, calling it a "garbage decision." BCE's CEO, Mirko Bibic, defended the decision, citing a difficult economy and government and regulatory decisions that undermine investment in their networks. [Extracted from the article]

Additional Information

  • Source:FttX (1082-2119). 2024/02, Vol. 36, Issue 2, p2
  • Document Type:Article
  • Subject Area:Communication and Mass Media
  • Publication Date:2024
  • ISSN:1082-2119
  • Accession Number:176915833
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