"Yet, somehow, it managed to pay its top executives millions of dollars in bonuses."
Workers at Sears, Postmedia, Loblaw and Northstar are all causalities of a system that not only allows corporate greed to thrive, but encourages it.
Postmedia is aiming to reduce costs by $80 million by the middle of next year.
At a time when our consumption of the news is at an all-time high, the very institutions at the heart of our news media are in crisis -- and demanding the attention of our political leaders. Postmedia combined newsrooms in Ottawa, Edmonton, Calgary and Vancouver in a move that not only saw many talented and dedicated journalists pushed out the door, but also saw distinctive voices quieted.
"Postmedia's results following its April 2015 acquisition of the Sun Media assets have been worse than we expected."
"Newspapers aren't the cash cow they used to be and they're never going to be that again."
Ninety journalists at daily newspapers across the country are expected to lose their jobs.
TORONTO - Postmedia Network Canada Corp. (TSX:PNC.B) plans to outsource its classified advertising call centre in Calgary
Postmedia Network, the owner of the National Post and numerous broadsheet dailies across the country, has recorded a $28.4
TORONTO -- Postmedia is giving some of its staff the option to relocate to a new Hamilton editorial hub as part of the expense