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Canada’s Shaw cuts 500 jobs

Canada's Shaw Communications has eliminated around 500 jobs in western Canada as part of a surprise restructuring that will not impact the Shaw Media broadcast division.
March 24, 2011

Shaw Communications has eliminated around 500 jobs in western Canada as part of a surprise restructuring.

The cuts, amounting to approximately 4% of the media group’s 13,000-strong workforce, will not impact the Shaw Media broadcast division.

The pink slips were handed mostly to managers, with some support/technical staff impacted.

A call centre in Saskatoon will also be shuttered.

The restructuring follows fiscal 2010 earnings for Canada’s second-largest cable operator falling amid increased competition from western Canadian phone giant Telus Corp., and news that the Shaw family-controlled company would delay its entry into Canada’s wireless phone market until 2012.

Calgary-based Shaw also last year acquired the former Canwest Global Communications Corp.’s TV assets for $2 billion, and renamed them Shaw Media, to raise its game as a broadcaster.

(From Playback Daily)

About The Author
Meagan Kashty is an associate editor of realscreen, an international print and online magazine that covers the non-fiction film and television industries. Meagan is an award-winning business journalist. Prior to joining the realscreen team, Meagan was online editor of Canadian Grocer, named Magazine of the Year at the 2015 Canadian Business Media Awards. She can be reached at mkashty@brunico.com, and you can follow her on Twitter @MegKashty

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