Wednesday, November 12, 2008

Canwest Cuts 560 Jobs

Media suffered it's first real (non-Harper induced) blow of the current recession today. CanWest (the media organization that owns Global and the National Post amoung other things) cut 560 jobs across Canada today.
"The 210 job cuts to Canwest's broadcast wing come from a restructuring of the E! entertainment specialty stations, the company said.

In Victoria, where 18 people, including on-air personnel, were being let go at CHEK-TV, stunned employees learned the news at a lunch-hour meeting.
On the publishing side, Canwest said it was making 350 cuts through restructuring the community newspaper group, streamlining production and reducing web operations of certain newspapers. The publications were not named.
Meanwhile, the Winnipeg-based company's flagship publication, the National Post, will make changes to "accelerate its road to profitability" by focusing on its profitable markets and reducing deeply discounted circulation."
While it's true that Global and the National Posts are near the bottom of the media food chain, the loss of any media jobs in a country where most of our media is puped over the border from the states is a blow.

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