Rogers Makes 10,000 Employees Eligible for Buyouts to Cut Costs

Rogers Communications Inc., Canada’s largest wireless company, is making about 10,000 employees eligible for voluntary buyouts as the telecommunications industry deals with major growth and debt challenges.

The number represents about half of Rogers’ 20,000 staff, excluding those who work for the Toronto Blue Jays baseball club and Maple Leaf Sports and Entertainment Ltd., its 75%-owned sports business, according to people familiar with the matter. The Blue Jays and MLSE aren’t part of the staff-reduction plan.