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BCE Says Completes Net Reduction In Management Workforce Of 4% - Quick Facts

While reporting its third-quarter financial results on Thursday, BCE Inc. (BCE,BCE.TO) said it completed a net reduction in its management workforce of 4 percent, or about 700 positions, in the past 120 days that is expected to deliver annualized cash savings of approximately $75 million.

According to the company, these changes reflect the further integration of Bell MTS, Bell Aliant and other acquisitions, productivity improvements and cost efficiencies resulting from the expansion of Bell's all-fibre network footprint and service innovations enabled by new broadband technologies.

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