BCE Q4 profit down from year ago, raises dividend and announces job cuts

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TORONTO — BCE Inc. reported its fourth-quarter profit fell compared with a year ago, but raised its quarterly dividend as it also announced plans to cut about nine per cent of its workforce. The parent company of Bell Canada says it earned net income attributable to common shareholders of $382 million or 42 cents per diluted share in its latest quarter compared with a profit of $528 million or 58 cents per diluted share a year earlier. Operating revenue totalled $6.47 billion, up from $6.44 bill