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Bell offers retirement lure to 1,500 unionized employees – Metro US

Bell offers retirement lure to 1,500 unionized employees

Bell Canada says it wants to cut its workforce by another 1,500 jobs through a retirement incentive, the latest move by Canada’s largest telecom operator to streamline and cut operating costs.

Bell said yesterday the offer affects workers represented by the Communications, Energy and Paperworkers’ Union of Canada.

Bell, which has more than 41,000 employees, said the retirement offer is not an early retirement program since it applies only to workers who meet certain criteria and are already eligible to retire this year and in 2010.

Bell said it plans to stagger the dates on which these employees retire to ensure there is no impact on service to customers.