Tuesday, June 23, 2015

New round of buyouts coming for Postmedia Network

More cuts could be coming at Postmedia Network Canada Corp. as the company has offered voluntary buyouts to staff at the Vancouver Province and Vancouver Sun newspapers, citing “persistent challenges” in the business, the Globe and Mail reports.
The buyout package is open to any employee, including managers, at the Pacific Newspaper Group, which is comprised of the print and digital operations at the two Vancouver papers. The severance plan will be implemented over “the next two and a half months,” according to a letter to staff obtained by The Globe and Mail.

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