Reports of layoffs impacting Global News surfaced Wednesday, following Corus's announcement of job cuts earlier this week. Numerous sources close t...
Reports of layoffs impacting Global News surfaced Wednesday, following Corus 's announcement of job cuts earlier this week.
Numerous sources close to Corus and Global News have said that the job cuts have affected the digital web writing teams in B.C. and right across the country. Having also heard about the reported layoffs, a journalism instructor took to X, sharing his feelings about them and calling it a dark day for journalism.In its third-quarter analyst and investor call that took place on Monday morning, Corus — which oversees a slew of media subsidiaries such as Global TV — announced that its priorities are to"aggressively cut costs" and"manage liabilities.
"We are making tough decisions to shutter areas of the business we can no longer sustain and pause longer-term development activities," stated John Gossling, co-executive officer and chief financial officer of Corus, on the call. By the end of August, Gossling said Corus's full-time headcount will be reduced by almost 800 positions"or 25 per cent since the beginning of fiscal 2023."As of 1 p.m. on Wednesday, an official number of impacted jobs has not been revealed, but we've contacted Corus and Unifor for more information.
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