Quebecor World Inc. has obtained creditor protection in Quebec, reported CBC. The company, with Quebecor as its largest shareholder, has been struggling and recently posted a $315-million quarterly loss, cancelled a European asset sale and replaced its CEO, said the report. Some 28,000 people work for the company around the world.

Quebecor World Inc. has obtained creditor protection in Quebec, reported CBC. The company, with Quebecor as its largest shareholder, has been struggling and recently posted a $315-million quarterly loss, cancelled a European asset sale and replaced its CEO, said the report. Some 28,000 people work for the company around the world.