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buy-outs

Postmedia to close more local newspapers, cut staff cost by 10 per cent
2 years ago

Postmedia to close more local newspapers, cut staff cost by 10 per cent

Postmedia Network Inc. will close six small town newspapers and cease print publication of four more, as well cut about 10 per cent of its workforce across the newspaper chain.
Read More Continue Reading Postmedia to close more local newspapers, cut staff cost by 10 per cent

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

12 buy-outs confirmed at the Ottawa Citizen
4 years ago

12 buy-outs confirmed at the Ottawa Citizen

By  •  News

By H.G. Watson, Associate Editor

Twelve people have taken buy-outs at the Ottawa Citizen, a Postmedia spokesperson confirmed.

Georgia Sourtzis, a communications manager at Postmedia, said she cannot name who… Continue Reading 12 buy-outs confirmed at the Ottawa Citizen