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Rogers Communications shares gain on reports of buyouts offered to half staff

April 27, 2026 2:47 PM

Investing.com -- Shares of Rogers Communications rose more than 1.5% on Monday after the Toronto Globe and Mail reported the company is offering buyouts to half its staff.

The publication described the move as the telecom sector's largest round of buyouts in recent years, attributing the decision to slowing growth.

According to Rogers Communications' 2025 annual report, the company employed 25,000 full- and part-time staff as of early 2026.

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