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Canada’s Shaw Communications to cut 400 jobs in new structure
MUMBAI: Canadian media company Shaw Communications has announced changes to the structure of its operating units that will improve overall efficiency while enhancing its ability to grow as the leading content and network experience company. 400 jobs will be cut as a result.
Shaw Communications CEO Brad Shaw said, “The roles and structure we established years ago to support us as a cable company can no longer support our growth. We are eliminating duplication of work and organizing our activities and operations in a way that best meets the needs of our customers and viewers.
“We are leaders in an industry that is constantly evolving, and the changes we’re making in our company will allow us to give our viewers and customers more of what they love”.
Operation of Shaw’s residential cable, satellite, Internet and home phone services will be consolidated into a new consumer business unit. Shaw’s enterprise services – including cable, telephony, satellite, and tracking – will be integrated into a new business unit. Shaw’s media business will continue to be managed as a standalone unit.
Shaw also announced it has combined its engineering and IT functions into a single Technology and Network Operations (TNO) team.
Approximately 400 management and non-customer facing roles will be affected by the organisational changes. To support the new structure, Shaw will be hiring upwards of 100 people and investing resources in specific areas, including procurement, supply chain, marketing, pricing, network architecture, and next generation products.