Postmedia is committed to leveraging the 130+ Postmedia brands and over 18 million monthly unique visitors on our digital platforms to support local businesses and important causes in the communities we serve. Malcolmson told The Canadian Press the company was undergoing “a consolidation of news gathering (and) news delivery” with “one news-gathering and delivery platform. Jul 27, 2024 · By Andrew Macdonald Media observers suggest that the nation’s largest newspaper chain, Postmedia Network, could initiate massive layoffs if its plan to acquire Saltwire Network and The Halifax Herald Ltd. The post Postmedia announces it is acquiring SaltWire; court filing suggests layoffs are coming appeared first on Halifax Examiner. Jul 26, 2024 · In Friday morning’s press release, Postmedia CEO Andrew MacLeod is quoted saying that “If the transaction can be completed, Postmedia intends to provide the necessary back office resources and operational infrastructure to ensure there continues to be reliable and high-quality local news provided to the affected communities… Feb 5, 2015 · Company that owns National Post and national chain of newspapers and websites continues to cut costs as revenues fall. Postmedia announced the layoffs at a town hall this afternoon. Jan 24, 2023 · Postmedia Network Canada Corp. 31 May 27, 2020 · One of Canada’s largest newspaper conglomerates will lay off about 40 employees after a number of its unions would not approve a temporary salary reduction to help reduce costs amid the COVID-19 [LIVE] Tracking all tech startup layoffs — and lists of employees laid off — since COVID-19 was declared a pandemic. Less than a week after newspaper publisher Postmedia Network Corp. Dec 22, 2023 · One of the country’s largest newspaper owners, Postmedia Network Canada Corp. that the goal is to reduce salary expenses by 15 per cent. Mar 24, 2017 · Postmedia began handing out layoff notices to 54 employees today at the Vancouver Sun and Province, including 29 journalists. “They’ve stated our contract will be honoured,” said Arsenault, a longtime print shop worker. John's, N. Recommended Jan 24, 2023 · Sources say newspaper publisher Postmedia Network Corp. Postmedia also redeemed $22. 2024-08-16 - JOSEPH RUTTLE jruttle@postmedia. PNC-A-T, Postmedia has about 1,500 employees, and has been through several rounds of layoffs to cut costs. Usearch identified Also it's unfortunate that those who end up laid off might be the very people who could help turn things around. The WTI price was about $72 per Apr 26, 2023 · Overall, Amazon is axing 27,000 mostly corporate positions after a hiring spree during the pandemic left the company with too many people. Feb 9, 2024 · Article content. Postmedia is committed to maintaining a lively but civil forum for discussion Jan 18, 2023 · A security guard stood by the front reception desk at Postmedia’s Toronto headquarters in this March 2018 file photo. plans to outsource its classified advertising call centre in Calgary, laying off most of the 48 employees, the company said Monday. Postmedia is committed to Jun 28, 2024 · Hospital unions fear layoffs as LHSC deficit soars to $150M. That appears to be exactly what happened. Aug 9, 2017 · Business blogs layoffs Minimum wage Postmedia Layoffs Recent Job Cuts Across Canada Have 1 Thing In Common: Corporate Greed Workers at Sears, Postmedia, Loblaw and Northstar are all causalities of a system that not only allows corporate greed to thrive, but encourages it. . is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with “economic Apr 30, 2024 · This indefinite closure that will lay off 275 employees will have a major impact on our citizens, our town, and the entire region,” he told The Nugget in an email. As of the end of August this year, Postmedia had 4,233 full-time equivalent employees – down from 4,733 a year prior. Martin O’Hanlon, president of the CWA Canada union, which represents some Postmedia journalists, said: […] Jun 27, 2023 · Postmedia would have a 56 per cent economic interest in the new corporate entity and Nordstar the remaining 44 per cent economic interest. August 21, 2024: The Bank of Queensland will axe up to 400 jobs and acquire over 100 franchised businesses. "Today is going to be a tough day for all of us," wrote Unifor Local Jan 25, 2023 · Sources who attended the meeting told MiC that Gerry Nott, SVP of editorial at Postmedia, informed staff that every property in the Postmedia network would be impacted by “a restructuring, reorganization or a layoff. ” The only areas of the business that would not be impacted are the 10 publications acquired from Brunswick News last year, as Apr 28, 2020 · Postmedia Network Inc. Jan 24, 2023 · Sources say newspaper publisher Postmedia Network Corp. ” No layoffs are expected among members of the Moncton Typographical Union, he said. Jan 26, 2023 · POSTMEDIA. ” Postmedia, which owns publications including the National Post, Vancouver Sun and Calgary Herald and employs about 650 journalists, announced the layoffs […] Jan 18, 2023 · Postmedia Network Canada Corp. Please keep comments relevant and respectful. Bell Media layoffs put online news bill back in the spotlight Mar 3, 2023 · Layoffs also took place at one of Canada's top media companies. The company owns two newspapers in each of the cities Sep 30, 2020 · A series of layoffs were announced at Postmedia on the afternoon of Sept. ” Postmedia, which owns publications including the National Post, Vancouver Sun and Calgary Herald and employs about 650 journalists, announced the layoffs at a […] Jan 30, 2016 · The malignancy is Postmedia Network Canada Corp. The majority of the lost jobs will take place within Bell Canada, with under 10 per cent coming from the Bell Media division. , three in Lethbridge, eight in Edmonton, three in Ottawa and seven in Toronto Postmedia plans to buy Feb 12, 2024 · Postmedia is committed to maintaining a lively but civil forum for discussion. Publisher Postmedia Jun 26, 2018 · Postmedia Network Canada Corp. Mar 10, 2017 · Postmedia Network Canada Corp. Mar 10, 2017 · Today’s layoffs follow Postmedia’s October announcement that it was offering buyouts to 4,200 employees across the company with a goal of reducing payroll by 20 percent. Nov 27, 2017 · Postmeda and Torstar to Eliminate 300 Jobs. As confirmed by the Canadian broadcast industry publication Broadcast Dialogue, the company's owner, Corus, said that layoffs have affected the entire company. Postmedia announces layoff plans, move of 12 Alberta papers to digital Jun 27, 2023 · Postmedia & Toronto Star might MERGE If that happened it will be the end of print Journalism in Canada As all the newspapers in Canada will be CONSERVATIVE#cdnpoli — G. : Sources told The Canadian Press in January that the newspaper publisher behind publications like the National Post, Vancouver Sun and Calgary Herald would lay off 11 per Jan 19, 2016 · Newspaper chain Postmedia announces sweeping changes to its operations, cutting 90 jobs across the country and merging newsrooms from multiple papers into one each in Vancouver, Calgary, Edmonton Jan 31, 2023 · Postmedia, which owns properties in major Canadian markets, including the National Post, Vancouver Sun and the Calgary Herald, announced at an internal town hall meeting last Tuesday that it’s laying off 11 percent of editorial staff from properties across the country. , a foreign-controlled, debt-burdened contrivance flirting with insolvency that nonetheless is relied upon by about 21 million Canadian readers Apr 28, 2020 · Postmedia has announced vast salary cuts to all employees, and a permanent shuttering of five weekly papers in the Windsor-Essex area. In recent years, Postmedia has closed a number of small-town newspapers, reduced print production of some titles, and moved some titles to digital-only formats to manage costs, among other layoffs and buyout offers. August 20, 2024: GM to lay off at least 1,000 software jobs. S. According to the unions representing workers, at least 10 people at Postmedia newspapers in the Jan 30, 2024 · Postmedia is committed to maintaining a lively but civil forum for discussion. ca Executives at the Montreal Gazette have been asked to reduce staffing by up to 10 at the newspaper as local news outlets across the country prepare for significant layoffs. Tracy Nagai reports. is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with "economic contraction. Feb 24, 2023 · Postmedia says the council has already managed to save some jobs that were to be cut. Jul 10, 2024 · Postmedia is committed to maintaining a lively but civil forum for discussion. Postmedia is reportedly planning to lay off 11 per cent of its editorial staff, according to leaked audio from a January meeting. This page is constantly being updated. That’s because the labour market over the next six months will show whether employers are responding by merely implementing hiring freezes or going into full-blown layoff mode, said Charles St-Arnaud, chief economist at Alberta Central. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. (“Postmedia” or the “Company”) today announced that it has entered into an agreement to acquire certain businesses and assets of Saltwire Network Inc. “I don’t think that this is going to be anywhere close to the layoffs of 2023,” said April Hicke, co-founder of women’s tech collective and talent organization Toast. Postmedia recently laid off 54 employees Jan 24, 2023 · Sources say newspaper publisher Postmedia Network Corp. (“Postmedia” or “the Company”) today announced that it has closed its previously announced sale of the Winnipeg Sun, The Graphic Leader, Kenora Miner & News and the Winnipeg Press Commercial Print division to the Klein Group Mar 6, 2024 · A pair of popular morning hosts at a Calgary music radio station are among a slew of airwaves layoffs in western Canada. Oct 31, 2023 · The company said it implemented a total of $76 million in annualized savings for the year from cost reductions such as layoffs, selling real estate and other efficiencies. July 26, 2024 (TORONTO) – Postmedia Network Inc. L. Jan 30, 2024 · Varcoe: Calgary-based pipeline giant Enbridge has informed staff of its plans to lay off 650 people by March 1. companies. Advertisement 2 Story continues below Nov 25, 2016 · The company has not yet announced whether the program reached that target, but has said layoffs may be necessary otherwise. 24, 2023 Advertisement Aug 12, 2019 · “His new mandate” The announcement came on June 10. is closing six more newspapers in Ontario and Alberta and ending print production at three others, while also announcing another round of layoffs and buyouts aimed Jun 28, 2023 · The company announced significant layoffs in January this year, affecting around 11 per cent of editorial staff. Everything in the Free plan; Ad-free reading and browsing; Unlimited access to all content including AI summaries Directly support our local and national reporting and become a Patron Jan 24, 2023 · Postmedia to lay off 11 per cent of staff, sources say By: Tara Deschamps, The Canadian Press Posted: 2:20 PM CST Tuesday, Jan. Global News is laying off another 16 employees, many of those in B. PNC-A-T will move 12 Alberta community newspapers to a digital-only format and lay off employees in the months ahead, according to an internal memo sent on Wednesday. and Nordstar Capital LP are in talks about a potential merger. August 22, 2024: Goochland-based CarMax has laid off more than 400 employees. is laying off 11 per cent of its editorial staff. Jan 18, 2023 · In recent years, Postmedia has coped by closing a number of small-town newspapers, reducing print production of some of its titles and resorting to layoffs and voluntary buyouts to manage costs. and Nordstar Capital LP, the company that owns the Toronto Star, have ended discussions about a potential merger, saying they were unable to Jan 19, 2016 · Postmedia is cutting approximately 90 jobs and merging newsrooms in four cities as Canada's largest newspaper chain steps up plans to slash costs in the midst of mounting revenue losses. In a memo to Postmedia editorial staff, Lucinda Chodan, Postmedia’s senior vice president of content, said that Calgary-based Kevin Libin, editor of the National Post and Financial Post comment pages, was being promoted to a new role with the title “executive editor of Postmedia politics. Feb 9, 2024 · Trudeau said media layoffs have been eroding Canada’s “very democracy” at a time that people need reliable news sources more than ever given misinformation and disinformation. According to an analysis by A: A WARN (Worker Adjustment and Retraining Notification) notice is a notice required by the federal WARN Act in the United States, which mandates that employers with 100 or more employees provide at least 60 days advance written notice of a plant closing or mass layoff affecting 50 or more employees. Dec 10, 2023 · Postmedia Network has an overall rating of 3. Mar 2, 2023 · Several journalists with Global News found out they were out of a job Thursday in a round of layoffs by parent company Corus. Nearly a month ago, Postmedia announced it would slash 11 per cent of its 650 editorial staff at its Jan 24, 2023 · TORONTO — Sources say newspaper publisher Postmedia Network Corp. Learn more… Sep 22, 2022 · In 2020, Postmedia notified unionized employees at the Vancouver Sun and The Province that it intended to reduce salary expenses by 15 per cent through voluntary buyouts or layoffs. is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with Jan 24, 2023 · Postmedia cuts 30 per cent of news jobs at St. Jan 30, 2023 · A security guard stands by the front reception desk at Postmedia’s Toronto headquarters on Monday, March 12, 2018. is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with “economic Oct 16, 2020 · On April 28, 2020, the Company implemented additional cost saving measures including temporary layoffs affecting approximately 50 employees, the closure of 15 community publications in Manitoba and Ontario resulting in approximately 30 permanent layoffs and temporary salary reductions from 5% to 30% for a range of employees with salaries in Feb 5, 2017 · Some 20 jobs have been cut at TV stations and newspapers in northern Ontario in recent weeks. Mar 24, 2017 · In October 2016, Postmedia announced plans to reduce its salary costs by 20 per cent through voluntary staff buyouts, adding at the time that layoffs were possible if its target wasn’t met. “Then, when people don’t watch as much or engage as much, the corporate entity says, ‘Oh see, they’re not profitable anymore, we’re going to sell them off. May 4, 2023 · Postmedia Network Corp. Jun 13, 2024 · Randy Kitt, Unifor’s media director, says there were 13 layoffs in Calgary, one in B. There are suggestions that 80… Jan 20, 2016 · Postmedia’s decision to lay off 90 people and merge newsrooms in four cities has raised concerns about how to keep media voices diverse as ownership becomes more concentrated. ”. 8 million since Aug. ” Jan 25, 2023 · Postmedia, which owns publications including the National Post, Vancouver Sun and Calgary Herald and employs about 650 journalists, announced the layoffs at a town hall Tuesday afternoon. Word is 11% of an already barebones workforce. Workers at LHSC have a message for the hospital as it copes with a deficit expected to nearly double to $150M by the spring of 2025. is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with “economic contraction. John's Telegram paper in takeover About 30 per cent of newsroom jobs have been cut at a 145-year-old daily newspaper in St. Terrible news for our members, for journalism, for democracy, for local communities. 5 per cent in its latest quarter. I heard during the last round of Torstar layoffs they were culling digital and non-senior (read: young) employees in lieu of a prehistoric, incompetent senior sales staff. There were 25 jobs cut in Calgary. Howard Chai January 26, 2023 Mar 6, 2024 · Postmedia is committed to maintaining a lively but civil forum for discussion. The company employs about 650 journalists across the country. Jan 13, 2014 · Postmedia Network Canada Corp. " Apr 29, 2020 · Proactive cost containment measures implemented by Postmedia this week include temporary layoffs affecting approximately 50 employees in Sales and Sales Operations teams, the closure of 15 community publications in Manitoba and Ontario resulting in approximately 30 permanent layoffs and temporary salary reductions from 5% – 30% for a range of Jan 20, 2023 · Layoffs aggregator Layoffs. is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with “economic May 28, 2012 · Postmedia Cuts: Layoffs Expected As Sunday Editions Nixed, National Post Reduces Publication 3 Canadian Cities Lose Their Sunday Broadsheets Amid Layoffs The Huffington Post Canada Apr 16, 2017 · Postmedia Layoffs Jobs at Vancouver Sun and Province to be saved through Postmedia deal: union The union has issued a statement saying a tentative deal has been reached with the company that Jun 27, 2023 · In recent years, Postmedia has closed a number of small-town newspapers, reduced print production of some of its titles, and moved some to digital-only formats to manage costs, among other layoffs Jan 24, 2023 · TORONTO — Sources say newspaper publisher Postmedia Network Corp. on Tuesday, a group of employees including page designers and graphic artists were told they would lose their jobs. On May 4, Shopify said it sold Deliverr to freight forwarder Flexport in an all-stock deal in exchange for a 13 per cent stake in the startup, which it has previously invested in. , a wholly owned subsidiary of Postmedia Network Canada Corp. Already squeezed by budget cuts and rounds of previous layoffs, Children’s Aid Society of Ottawa workers took to the picket lines Monday “as a last resort” outside their 4 days ago · Layoff Tracker 2024 – Top Layoffs of The Week. Feb 9, 2024 · He said radio stations and small community newspapers are increasingly being bought up by large corporations that lay off journalists and change the quality of their offerings. layoffs and cost reductions. Jan 19, 2016 · Business business video edmonton journal postmedia Postmedia cuts Postmedia Layoffs To Hit 90 Staffers As Chain Consolidates Newsrooms Ninety journalists at daily newspapers across the country are expected to lose their jobs. Lem 林 家 聰 (@gtlem Jan 24, 2023 · Sources say newspaper publisher Postmedia Network Corp. According to information obtained by the Halifax Examiner, a town hall meeting was held for SaltWire employees on Wednesday, announcing that only about 20 of SaltWire’s current 363 employees will be offered immediate positions at Postmedia following the Jan 25, 2023 · Postmedia, which owns publications including the National Post, Vancouver Sun and Calgary Herald and employs about 650 journalists, announced the layoffs at a town hall Tuesday afternoon. The layoffs come despite record revenue for the oil sector in 2022, as West Texas Intermediate hit $100 per barrel for much of the year. Unifor says Postmedia has cut more than 75 jobs at the Windsor Star by Usearch identified 8 signals for Postmedia, including: 3 Mergers and Acquisitions, 4 Layoffs and 1 Partnerships. is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with “economic Aug 16, 2024 · PressReader. 24, 2023 Last Modified: 3:50 PM CST Tuesday, Jan. Postmedia, which is majority-owned by Chatham Asset Management, a New Jersey hedge fund, has progressively used buyouts , outsourcing Feb 5, 2024 · “This year’s layoffs are typically smaller and more targeted than the layoffs a year ago,” Lee said. Jun 13, 2023 · Marc Edge is the author of seven books, including this year’s The Postmedia Effect, and is the media columnist for Canadian Dimension. said it was grappling with “economic contraction,” The Canadian Press reports the company is set to lay off 11 per Jan 31, 2023 · The layoffs are just the latest in a string of cuts. Jan 25, 2023 · Postmedia Network Canada Corp. ctvnews. $5/month $40/year. Jun 27, 2023 · In recent years, Postmedia has closed a number of small-town newspapers, reduced print production of some of its titles and moved some to digital-only formats to manage costs, among other layoffs Feb 19, 2024 · Postmedia is committed to maintaining a lively but civil forum for discussion. “This is a good example of management and the union working together to find efficiencies within the collective agreement that allowed us to preserve content and invest in The media company announced at an internal town hall Tuesday that it’s laying off 11% of editorial staff from properties across the country, according to CWA Canada union president Martin O’Hanlon, which represents some Postmedia journalists. Although economic factors are the main reason for tech layoffs, Lee noted that many companies are citing the race for artificial intelligence as a factor, as they are shifting resources to focus on AI talent. 4 Layoffs and 1 Partnerships. The media company, which owns more than 130 brands including the National Post, announced the cuts at an employee town hall. will lay off 11 per cent of its 650 editorial employees, the company said Tuesday, as it contends with rising costs and declining advertising and circulation revenue. CBC's Jan 19, 2016 · Postmedia has cut approximately 90 jobs and merged newsrooms in four cities as it steps up plans to slash costs amid mounting revenue losses. will lay off about 80 employees and permanently close 15 community publications as the newspaper conglomerate navigates the financial fallout of COVID-19. Comments may take up to an hour to appear on the site. According to Corus, these layoffs are "part of managing the post-pandemic climate and unexpected economic uncertainty. Jan 24, 2023 · Postmedia to lay off 11 per cent of staff, sources say TORONTO — Sources say newspaper publisher Postmedia Network Corp. C. NEW : We're now tracking salary data and job posts across 5,000 tech companies Jan 18, 2023 · Postmedia is moving a dozen of its Alberta community newspapers to digital-only formats, eyeing more outsourcing deals for printing and laying off workers. and The Halifax Herald Limited (together, “Saltwire”), Atlantic Canada Jan 19, 2016 · WATCH: Postmedia announced layoffs across the country as the company tries to cut costs amid continued revenue losses. Jun 18, 2023 · Those cuts came a few months after newspaper chain Postmedia laid off 11 per cent of its editorial staff. Jun 23, 2023 · Last week’s layoffs included a six per cent cut at Bell Media. and Google, thousands came from smaller, closely held companies facing their first reckoning with a slowdown. 6 million of first-lien debt during the fiscal year and has redeemed an additional $6. THE CANADIAN PRESS/Justin Tang Oct 20, 2016 · Postmedia said Thursday it plans to reduce its salary costs by 20 per cent through voluntary staff buyouts, adding that layoffs are possible if that target isn't met as it announced net losses Mar 10, 2017 · Cost-cutting moves, including changes to pensions for non-union staff, follow 15-per-cent revenue drop in first quarter May 4, 2023 · The deal came just weeks before Shopify announced it would lay off around 1,000 staffers. 37% of employees would recommend working at Postmedia Network to a friend and 29% have a positive outlook for the business. Apr 6, 2017 · After recent rounds of mass layoffs, Postmedia is warning that it still needs to cut costs after revenue plummeted by 13. Jan 26, 2023 · Executives at the Montreal Gazette have been asked to reduce staffing by up to 10 at the newspaper as local news outlets across the country prepare for significant layoffs. Having wrapped up a round of job cuts earlier this year that totalled about 18,000 workers, Amazon announced another 9,000 layoffs in March, which chief executive Andy Jassy said would land on AWS, human resources, advertising and the Twitch livestreaming Jan 17, 2024 · Even as industry members and observers expect the cuts to continue, they’re optimistic that layoffs won’t hit last year’s levels. — CWA Canada (@cwacanada1) January 24, 2023 June 1, 2024 (TORONTO) – Postmedia Network Inc. told staff Friday that the layoffs at Pacific Newspaper Group are part of a previously announced plan to reduce salary costs by 20 per cent across the company’s nationwide operations. Postmedia is in a crash dive Aug 13, 2024 · A photojournalist of nearly four decades says Postmedia hasn't shared its plans for the St. 29, MiC has learned. Nov 17, 2023 · Canadians won’t have to wait much longer to find out if the slowing economy sticks a soft landing or suffers a hard one. This rating has improved by 3% over the last 12 months. To access this post, you must purchase a membership plan or log into an existing membership. Jun 28, 2023 · In recent years, Postmedia has closed a number of small-town newspapers, reduced print production of some titles, and moved some titles to digital-only formats to manage costs, among other layoffs Jun 12, 2017 · This time, their fears have more merit. PNC-B-T will lay off 11 per cent of its 650 editorial employees, the company said Tuesday, as it contends with rising costs and declining advertising and Jul 8, 2024 · Article content. 4 days ago · SaltWire Network, Atlantic Canada’s largest newspaper chain, is making substantial job cuts as part of its acquisition by Postmedia. is approved in insolvency court by a judge of the Supreme Court of Nova Scotia. Feb 8, 2024 · How big are the layoffs? BCE, with a workforce of around 44,610 individuals, is poised to reduce its employee count by nine per cent, amounting to approximately 4,800 positions. Jun 7, 2023 · Gavin Young/Postmedia. The CAs “greatly reduced the number of forced layoffs by requiring the company to accept volunteers,” said O’Hanlon. 1 out of 5, based on over 381 reviews left anonymously by employees. and half in hard-hit newsrooms, the union representing the workers said Thursday. com . 2 days ago · When we learned of PostMedia's buyout of Saltwire, we figured layoffs weren't far off. Jan 20, 2016 · A quick look at a few details and changes at Postmedia newspapers affected by Tuesday's layoffs Published January 19, 2016 This article was published more than 8 years ago. to reverse its planned cuts at the Montreal Gazette. Jun 26, 2018 · Canada’s largest newspaper publisher announced in an internal memo that it will close unprofitable titles and reduce salary expenses by 10 per cent by Aug. Flexport was last valued at US$8 billion in a US$935-million funding round Jan 18, 2023 · In recent years, Postmedia has coped by closing a number of small-town newspapers, reducing print production of some of its titles and resorting to layoffs and voluntary buyouts to manage costs. m. Unifor, a union representing more than 800 employees at Corus, said the move chips away at the already barebones newsrooms across the country and puts democracy at risk. Global News lays off 16 employees, most of them in B. fyi. Postmedia is committed to maintaining a lively but civil forum for Jan 25, 2023 · Layoffs. Dec 15, 2023 · More than 250,000 workers at tech companies of all sizes were let go this year, according to job tracker Layoffs. Nov 30, 2023 · Toronto-Dominion also warned that it will be “challenging” for the bank to meet its medium-term earnings targets for fiscal 2024. The number of layoffs could also change how attractive Canadian tech workers are to U. Union officials were not immediately available for comment. 31, leaving it with $17. This Apr 20, 2017 · The agreement, which Postmedia has the right to reopen after 18 months, also protects members from further involuntary layoffs and introduces a modified benefits package. Jan 25, 2023 · Postmedia is set to announce more layoffs and cost-cutting. John's Telegram as the media company prepares to buy the newspaper and other publications in Atlantic Mar 13, 2017 · Postmedia to lay off 54 staffers in Vancouver by April The owner of the Vancouver Sun and the Province plans to lay off 54 workers in the city this spring, according to a memo obtained by Business In Vancouver . Catalog; For You; Vancouver Sun. Apr 2, 2024 · The layoffs come only seven months after the company and Unifor Locals 1959 and 240 settled a 192-day strike last August. He lives in Ladysmith, B. 7 million Jan 24, 2023 · About 11 per cent of Postmedia’s roughly 650 journalists will be cut as one of the largest media companies in Canada prepares for an “extremely turbulent stretch,” the Star has learned. Jul 16, 2020 · Since Chatham Asset Management took over Postmedia, Canada’s largest newspaper chain, 1,600 employees have been laid off and more than 30 papers shut down. is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with "economic contraction," Nov 27, 2017 · Canada's competition watchdog will review a deal between two of the country's media conglomerates to sell multiple local newspapers to each other and then shutter most of their operations. Nov 20, 2020 · Parent company Postmedia has notified unionized employees at the two biggest daily newspapers in B. T. fyi has counted 55,324 global tech workers who have lost their jobs since 2023 began and 2022 ended with 155,126 departing. “So far no reason to not believe them. Postmedia Layoffs Recent Job Cuts Across Canada Have 1 Thing In Common: Corporate Greed Workers at Sears, Postmedia, Loblaw and Northstar are all causalities of a system that not only allows corporate greed to thrive, but encourages it. OTTAWA — Prime Minister Justin Trudeau called Bell Canada’s decision to lay off 4,800 workers, sell off radio stations and reduce news coverage a “garbage decision” by a Jun 28, 2023 · Postmedia Network Canada Corp. Mar 3, 2023 · Other CWA Canada Locals at Postmedia newspapers also turned to their CAs to exert some degree of control over how layoffs are handled. , following a Jan 26, 2023 · Postmedia sold the Calgary Herald building on 215 16 Street SE to U-Haul Canada last week and announced layoffs to editorial staff this week. At approximately 1 p. [3] (also known as Postmedia Network, Postmedia News or Postmedia) is a foreign-owned Canadian-based media conglomerate [4] consisting of the publishing properties of the former Canwest, with primary operations in English-language newspaper publishing, news gathering and Internet operations. While that includes big reductions at giants like Meta Platforms Inc. Jan 26, 2023 · Montreal Gazette expecting 'up to 10' layoffs as Postmedia makes cross-country cuts montreal. "Temporary layoffs mean that these employees will have Mar 26, 2022 · CWA-Canada also includes locals at Postmedia newspapers like the Montreal Gazette and Ottawa Citizen. It’s the largest newspaper chain in the country, with more than 200 brands Oct 20, 2016 · Postmedia says it plans to reduce its salary expenses by 20 per cent through voluntary staff buyouts, adding that layoffs are possible if its target isn't met. Jan 24, 2023 · Newspaper publisher Postmedia Network Corp. ”‘ TORONTO — Sources say newspaper publisher Postmedia Network Corp. We will do all we can to save jobs and pressure the company to find alternatives. Canada’s two largest print and digital media firms, Postmedia and Torstar, have traded 41 local community newspapers with each other, with most slated to be shut down permanently. Jan 24, 2023 · Sources say newspaper publisher Postmedia Network Corp. Even more concerning than the National Post folding is that its owner, Postmedia, could go under. Feb 12, 2023 · More than 1,300 people have signed a petition asking newspaper publisher Postmedia Network Corp. fyi, a layoff tracker launched by entrepreneur Roger Lee during the COVID-19 pandemic, reports 155,126 tech jobs globally were lost in 2022, with another 55,324 announced since the start Postmedia Network Canada Corp. The layoffs, which the Toronto-based bank said will come through attrition as well as targeted cuts, follow similar announcements by other Canadian banks, including Royal Bank of Canada, Bank of Montreal and Bank of Nova Scotia. is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with “economic Jul 10, 2023 · Canadian media companies Postmedia Network Canada Corp. Amid a difficult climate for newspapers, the Post is facing a mountain of debt and has resorted to frequent layoffs and buyouts. irmh djjcisz qlkkv ewfcmzc rgdra mkjma pci oltxmpt swldvqm qyjusaww