Canada’s BCE cutting 4,800 jobs, selling 45 radio stations | Business ...Middle East

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Canada’s BCE cutting 4,800 jobs, selling 45 radio stations       MONTREAL, Feb 9, 2024 (BSS/AFP) – Canada’s largest communications conglomerate BCE Inc. announced Thursday it plans to cut 4,800 jobs, or nine percent of its workforce, and sell off 45 radio stations across the country.     Bell Canada Enterprises Inc., the parent of Bell Media, said in financial filings that “traditional radio faces accelerated substitution from new music players and alternative streaming services.”     The sale of the dozens of stations — nearly half of its total holdings — to seven buyers will be subject to regulatory approvals.     The broad-based job cuts are pa

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