Friday, March 10, 2017

Postmedia announces 54 layoffs at Vancouver Sun and Province subsidiary

Postmedia Network Canada Corp. has announced 54 layoffs at its British Columbia subsidiary, which owns the Vancouver Sun and Vancouver Province, the Financial Post reports.The company told staff Friday that the layoffs at Pacific Newspaper Group are part of a previously announced plan to reduce salary costs by 20 per cent across the company’s nationwide operations.
Unifor Local 2000, which represents employees at Pacific Newspaper Group, said that the layoffs, combined with the departure of 38 staff who took voluntary buyouts in January, “would reduce the entire staff by 42 per cent.” Postmedia had roughly 4,000 employees across Canada.
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