Thursday, February 5, 2015

Postmedia cuts national writer jobs, offers newsroom buyouts

The Globe and Mail reports that Postmedia Network Canada Corp. has cut the jobs of several national writers and offered voluntary buyouts to newsroom staff at the Montreal Gazette, Ottawa Citizen and Windsor Star.
Employees learned of the latest round of cost-cutting on Thursday, as Postmedia continues to slash spending in the face of diminishing advertising revenue and high costs to service a long-term debt that stands at $483.5-million.
The full story

No comments:

Blog Archive