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Posts By Canadian Press

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Postmedia posts Q1 profit on debt deal
1 year ago

Postmedia posts Q1 profit on debt deal

Postmedia Networks Corp. reported a profit in its latest quarter, boosted by a debt restructuring negotiated by the struggling media company and its major creditors.

Continue Reading Postmedia posts Q1 profit on debt deal

Rogers Media lays off 87 employees over 2 days
1 year ago

Rogers Media lays off 87 employees over 2 days

Rogers Media has laid off 27 full-time employees in its English-language digital content and publishing division.
Continue Reading Rogers Media lays off 87 employees over 2 days

Unions demand Postmedia executives reject $2.3 million in bonuses
1 year ago

Unions demand Postmedia executives reject $2.3 million in bonuses

By The Canadian Press

Unions representing Canadian journalists want five Postmedia executives to reject bonuses totalling $2.275 million as the struggling newspaper chain continues staff reductions.

The company awarded Postmedia… Continue Reading Unions demand Postmedia executives reject $2.3 million in bonuses

Quebec to hold public inquiry into surveillance of journalists
1 year ago

Quebec to hold public inquiry into surveillance of journalists

By Sidhartha Banerjee, The Canadian Press

The Quebec government announced a full public inquiry Thursday into the police surveillance of journalists after revelations various forces monitored reporters’ phones.

A panel of… Continue Reading Quebec to hold public inquiry into surveillance of journalists

Postmedia plans to cut salary expenses, reports $99.4M loss last quarter
1 year ago

Postmedia plans to cut salary expenses, reports $99.4M loss last quarter

By  •  News

By The Canadian Press

Postmedia said Thursday it plans to reduce its salary costs by 20 per cent through voluntary staff buyouts, adding that layoffs are possible if its target… Continue Reading Postmedia plans to cut salary expenses, reports $99.4M loss last quarter

The Globe and Mail offers voluntary buyouts in effort to ‘right size’ business
1 year ago

The Globe and Mail offers voluntary buyouts in effort to ‘right size’ business

Publisher and chief executive Philip Crawley said the newspaper expects to know how many volunteers will take the severance packages by early October.
Continue Reading The Globe and Mail offers voluntary buyouts in effort to ‘right size’ business