BUSINESS

Rogers Media Job Cuts Affect 200

01/25/2016 12:51 EST | Updated 01/27/2016 11:59 EST

One of Canada's largest telecom companies is cutting 200 jobs, accounting for four per cent of its workforce, according to a memo to staff on Monday.

Rogers Media cited reasons including, "significant pressures from a softening advertising market, fierce competition from global players, and shifting audience consumption habits."

Rogers said the cuts will affect "conventional TV, radio, publishing, and back-office positions."

The memo did not identify specific people, programs, publications or locations affected.

Last week, Postmedia — Canada's largest newspaper chain — also announced job cuts, laying off 90 journalists across the country.

With files from the Canadian Press

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