Does BCE’s Hatchet Job Make the Media Stock a Buy or Sell?
While management’s axing of 1,300 positions will save the telecom giant some money, it’s hard to know what it means for BCE stock While the news isn’t surprising given the ongoing job cuts happening across the industry — 17,000 job cuts have occurred in the U.S. media industry through the first six months of 2023 — it’s a reminder to investors that even dividend darlings such as BCE have to make tough choices about their businesses to continue sending investors those lovely quarterly checks. Find A Qualified Financial Advisor Finding a qualified financial advisor doesn’t have to be hard. Smart...