By H.G. Watson, Associate Editor Postmedia has announced that they plan to lay off 54 staff at the Vancouver Sun and The Province by early April. A memo posted by Financial Post media reporter Sean Craig on Twitter outlined details of the layoffs, described as the “second stage of our salary deduction initiative.” Phyllise Gelfand,…
By H.G. Watson, Associate Editor Postmedia has made substantial cuts to non-unionized employee benefits, including axing its employment assistance program and eliminating maternity and parental leave top-up payments. A memo released on March 9 details the changes for both full-time and part-time staff. “Across Postmedia we currently have numerous and varied benefit programs, pension plans…
The following memo was sent to all Postmedia staff on Mar. 9, 2017. Across Postmedia we currently have numerous and varied benefit programs, pension plans and other human resources policies like vacation that apply to various employee groups. In order to both achieve harmony across our operations and to ensure the affordability of these programs…
By H.G. Watson, Associate Editor A memo sent to National Post staff on Nov. 18 by editor-in-chief Anne Marie Owens details 20 newsroom departures, most the result of a round of buyouts aimed at reducing salary costs at Postmedia by 20 per cent. In the memo obtained by J-Source, Owens writes, “We are losing a…
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 president and CEO Paul Godfrey $900,000, CFO Doug Lamb $450,000, COO Andrew MacLeod $425,000, legal and general counsel Jeffrey Haar $300,000, and National Post president…
By H.G. Watson, Associate Editor Postmedia editors across Canada have announced plans to move most local coverage to the A section of the print editions in similar editors’ notes that ran in four newspapers on Monday. The move comes just as the Globe and Mail broke news that five Postmedia executives were paid $2.3 million…
The following memo was sent to Regina Leader-Post staff on Nov. 22, 2016. Effective January 14, 2017, inserting operations at the Regina Leader-Post will cease and the mailroom facilities will be closed. Postmedia representatives communicated this organizational change to mailroom employees earlier today. After the closure, inserting and final packaging of all Regina Leader-Post products…
By H.G. Watson, Associate Editor Even after evacuating Fort McMurray, Alberta as it burned around them, the reporters at Fort McMurray Today got the print edition of the paper finished. It was delivered to shelters where citizens took refuge in the days after the May 3, 2016 wildfire which caused an estimated $3.58 billion in…
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 isn’t met, as the media company announced its net loss for its most recent quarter nearly doubled. The company says staff have until Nov. 8…
On July 7, the media company released its 2016 third quarter results and details of a proposed recapitalization transaction.