Canada’s Shaw Communications to Cut 400 Jobs

CALGARY: Shaw Communications is changing the structure of its operating units in a bid to improve overall efficiency, with the consolidation to result in the loss of some 400 employees.

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. The company's media business will continue to be run as a standalone unit. Shaw has also combined its engineering and IT functions into a single technology and network operations (TNO) team.

The result is the loss of 400 employees. However, Shaw says it will be hiring upwards of 100 people and investing in resources in areas such as next-generation products.

"The roles and structure we established years ago to support us as a cable company can no longer support our growth," said Brad Shaw, the CEO of Shaw Communications. "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," Shaw added.