Bell Aliant is laying off 15 per cent of its managers, or around 500 people, to deliver a “more nimble and efficient organizational structure.”
The company released the news yesterday.
In Nova Scotia, 100 managers will lose their jobs over the coming weeks.
“In 2009, we will build on our strengths and with our new organizational structure, we will accelerate our ability to deliver results for our customers and investors in more competitive and sustainable ways,” said Karen Sheriff, president and CEO, Bell Aliant.
Across the board, the layoffs equal five per cent of the company’s overall workforce.
“The leaner management structure will bring all employees closer to customers, allow for faster decision making and reduce costs,” Sheriff said in a statement released yesterday.
“Changes like this are never easy but are necessary for Bell Aliant to continue to be successful in meeting the needs of our customers and investors.”