Triple-digit job cuts in major media companies seem to have become so commonplace these days. It’s not even the first time it’s happened at Quebecor Media (500 job cuts last fall, 90 cuts at TVA last month, 600 jobs in 2008).
On Tuesday, the company announced it is reducing its workforce by 360 jobs through “restructuring initiatives”, and killing half its 24 Hours free daily network of papers. Ottawa, Edmonton and Calgary, where Quebecor’s Sun Media also produces paid dailies, will no longer have 24 Hours newspapers. The last editions of those papers will be Aug. 2.
That leaves three: Montreal and Toronto, where Quebecor says the large mass transit systems warrant the continued publication of a free daily, and Vancouver, where there isn’t a Sun Media paid daily.
Quebecor is also pulling the plug on eight community newspapers:
- L’Action Régionale Montérégie (Québec)
- The Lindsay Daily Post (Ontario)
- The Midland Free Press (Ontario)
- The Meadow Lake Progress (Saskatchewan)
- The Lac du Bonnet Leader (Manitoba)
- The Beausejour Review (Manitoba)
- Le Magazine Saint-Lambert (Québec)
- Le Progrès de Bellechasse (Québec)
There’s some blah-blah-blah about investing in new technologies where the young people are at these days, but the job cuts make it clear that those investments won’t involve many people.
The news comes just after the editor of the Toronto Sun was left jobless.