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
Six community newspapers will be shuttered as a result of today’s announcement.
Read More Continue Reading Memo: Postmedia announces restructuring and buyouts
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
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