BCE is feeling the squeeze from high inflation, but the telecom giant’s president and CEO says economic headwinds aren’t interfering with plans for hiring or charitable donations.
Extended interview with BCE CEO Mirko BibicBCE Inc. is feeling the squeeze from high inflation, but the telecom giant’s president and CEO says economic headwinds aren’t interfering with plans for hiring or charitable donations.
“We are seeing the impacts of inflation,” he said in an interview Thursday. “I'm not seeing it spike more than it did, but it hasn't quite rolled off yet.” “Thankfully for our investors, we did keep our margin stable because you have to be really, really diligent about managing those costs,” he said. And despite mass layoffs across the tech sector amid tough economic conditions, Bibic said BCE hopes to buck that trend and hire more people on the technology side of the business.
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