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Market Chatter: Rogers Communications Offering Buyouts to Half Its 25k Workforce, Globe and Mail reports

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-- Canadian telecom operator Rogers Communications (RCI-B.TO) is offering voluntary departure packages to half of its 25,000 employees, the Globe and Mail is reporting on Monday.

It's the telecom sector's largest round of buyouts in recent years amid slowing growth, the paper says.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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