Torstar loss soars to $53.5 million as revenue falls, expenses rise
Torstar recorded extra expenses related to its transition towards more digital media and revenue fell at its traditional newspaper businesses.
Torstar recorded extra expenses related to its transition towards more digital media and revenue fell at its traditional newspaper businesses.
26 people laid off from 149-year-old daily newspaper serving Guelph area.
Newsroom layoffs affect StarTouch team, digital journalists.
“Thirteen people will be departing: 10 from the tablet team, three from digital,” reads memo from Cooke.
Toronto Star shuts down their printing plant, laying off 285 people in the process, and begins newsroom buyouts and layoffs.