Company cites efficiency review as revenue falls, debt mounts
Layoffs and restructuring within Global News that have been taking place across the country are now impacting the Okanagan.
The spokesperson said local online news teams “will now operate under a new model to better support local breaking news.”“We will have news gathering in Kelowna,” the spokesperson said.“Corus’ commitment to serving our audience across the country remains stronger than ever, and we will continue to tell important local news stories that matter to Canadians,” the statement concluded.
The television and radio broadcaster has attributed an advertising slump this year in part to lingering effects from the 2023 Hollywood strikes that delayed production of key programming, along with inflationary and competitive challenges.
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