2 ms·
They’re going out of business/further consolidating/mass layoff for a lot of reasons but this doesn’t help. A lot of newsrooms have already done mass layoffs o
by Scoundreller 2y ago
They’re going out of business/further consolidating/mass layoff for a lot of reasons but this doesn’t help.
A lot of newsrooms have already done mass layoffs over the years and there isn’t much more to cut other than shutting down.
https://financialpost.com/pmn/business-wire-news-releases-pmn/postmedia-enters-agreement-to-acquire-saltwire https://financialpost.com/pmn/business-wire-news-releases-pm...
https://www.ctvnews.ca/business/corus-entertainment-says-ongoing-job-cuts-will-amount-to-25-of-full-time-positions-1.6964489 https://www.ctvnews.ca/business/corus-entertainment-says-ong...
Can sort by date here and see a pile of newspaper closures in 2023: https://en.m.wikipedia.org/wiki/List_of_defunct_newspapers_of_Canada https://en.m.wikipedia.org/wiki/List_of_defunct_newspapers_o...
Metromedia filed for bankruptcy and shut down all papers in August 2023: https://montreal.ctvnews.ca/an-atomic-bomb-for-local-news-metro-media-shuts-down-all-publications-1.6515921 https://montreal.ctvnews.ca/an-atomic-bomb-for-local-news-me...