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BCE Disclosed Plans to Downsize 9% of Employees or Close to 4,800 Positions

Author: Benzinga Newsdesk | February 08, 2024 08:10am

BCE Inc. (TSX:BCE) (NYSE:BCE) today reported results for the fourth quarter (Q4) and full-year 2023, provided financial guidance for 2024, including a 3.1%, or $0.12 per share, increase in the BCE annual common share dividend to $3.99, and announced a workforce restructuring initiative, our largest in nearly 30 years, reducing approximately 4,800 positions, including 750 contractors, or 9% of all BCE employees.

Posted In: BCE TSX:BCE


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