Rogers Buyouts: Why 25,000 Employees Should Think Twice Before Signing
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Rogers Communications has announced voluntary departure packages for roughly 50% of its workforce, about 25,000 employees Canada-wide. If you've received an offer, or expect to, the decisions you make in the coming weeks could affect your finances for years.
What's happening
Rogers is offering buyouts to most employees, with some exceptions: unionized workers, on-air talent, Sportsnet staff, and Toronto Blue Jays personnel. The company has not disclosed how many departures it expects.
The move follows Rogers' plan to cut capital spending by up to $1.2 billion in 2026, a 30% reduction. Bell and Telus have announced similar cost-cutting measures as the telecom industry contends with falling wireless prices, slower growth, and heavy debt from major acquisitions, including Rogers' $20 billion Shaw deal and $11 billion NHL broadcasting agreement.
Why this matters for employees
Voluntary departure offers are rarely as straightforward as they look. The first number on the page is often not the full picture. Severance, benefits, bonuses, stock options, and future entitlements can all be negotiated, but only before you sign.
Once you accept, your options narrow considerably.
How we can help
At Taylor Mergui Employment Lawyers, we regularly advise employees on severance and buyout packages to ensure their rights are fully protected. We review the terms of your offer, identify entitlements that may have been overlooked, calculate what a fair package should look like based on your years of service, role, and circumstances, and negotiate directly with your employer on your behalf.
Whether you are weighing a buyout, facing termination, or simply unsure where you stand, we can assist you in making an informed decision before you commit.
If you have received a Rogers buyout package, or any severance offer, contact us before you sign— we can help.