CanWest cuts another 560 jobs
Facing a mountain of debt, nosediving stock prices and an economic slowdown, media giant CanWest is amputating another 560 Canadian jobs, about five per cent of its current workforce… Facing a mountain of debt, nosediving stock prices and an economic slowdown, media giant CanWest is amputating another 560 Canadian jobs, about five per cent of its current workforce. The job eliminations –…
Facing a mountain of debt, nosediving stock prices and an economic slowdown, media giant CanWest is amputating another 560 Canadian jobs, about five per cent of its current workforce…
Facing a mountain of debt, nosediving stock prices and an economic slowdown, media giant CanWest is amputating another 560 Canadian jobs, about five per cent of its current workforce. The job eliminations – to be achieved through attrition, buyouts and layoffs – include 350 from the print side of the company and 210 from broadcast. The cuts are expected to save the company about $61 million a year.
