Rogers offering 4-day workweek

Staff at publications like Maclean's, Chatelaine and MoneySense are being offered a 4-day workweek, and a 20 % pay cut, according to this article on j-source.ca (yes, we have a navel-gazing industry magazine online, and yes I read it. Shut up).

It's hard not to be suspicious of what it could mean - for those who don't sign up, do they move up the list of potential job cuts? Are they able to move back to a 5-day workweek if they don't like the 4-day one? Is this a test to see if Rogers can simply mandate a 4-day workweek and still get the magazines out, leading to a standardized 4-day week?

When everyone else is cutting jobs, this seems like a happier alternative than laying off 600 people. Some people may even prefer it (it's something I would have seriously considered as a working journalist, and it's likely something a lot of parents would enjoy). But not everyone wants to (or is able to) volunteer for a paycut like that, and I imagine it'll be an unpopular idea.