Shaw to restructure, axe 400 positions
Michelle Clancy | 17-04-2014
Canadian cableco Shaw Communications is planning to lay off 400 people and restructure its business.
"The roles and structure we established years ago to support us as a cable company can no longer support our growth," said Brad Shaw, CEO at Shaw. "We are eliminating duplication of work and organising 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."
Operation of 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. And Shaw's media business will continue to be managed as a standalone unit.
On the personnel front, Shaw will eliminate about 400 management and non-customer facing positions; but will hire "upwards of 100 people" in other areas. In also announced it has combined its engineering and IT functions into a single technology and network operations (TNO) team.
It will also be investing resources in specific areas, including procurement, supply chain, marketing, pricing, network architecture and next-generation products, it said.