Tag / Postmedia
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Unions demand Postmedia executives reject $2.3 million in bonuses
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,… -
Postmedia moving majority of local content to A section in four newspapers
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… -
Memo: Regina Leader-Post mailroom facilities to close, inserting operations to cease
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… -
Fort McMurray Today reducing print schedule
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… -
Postmedia plans to cut salary expenses, reports $99.4M loss last quarter
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… -
Postmedia announces plan to reduce $648 million debt
On July 7, the media company released its 2016 third quarter results and details of a proposed recapitalization transaction.… -
Memo: Postmedia announces plan to reduce debt
The following memo was sent to Postmedia staff on July 7, 2016, by CEO and President Paul Godfrey. Today we announced our Company’s financial results for the second quarter of our 2016 fiscal year – March 2016 to May 2016.… -
Memo: Postmedia exec calls for big projects, affirms commitment to great journalism
Hello everyone. Two weeks ago, shortly after the difficult announcement that 90 of our valuable colleagues were leaving our newsrooms, I challenged our editors to help deliver the message that ambitious journalism still matters very much to Postmedia. They… -
12 buy-outs confirmed at the Ottawa Citizen
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 in the newsroom has taken a buy-out. A list circulated …
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