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  • Postmedia Lets Go of 90 Journalists Amid $80-Million Cut-Back

    It was a difficult day for many journalists in Canada as media giant Postmedia announced cuts to newsrooms across the country.

    Postmedia CEO Paul Godfrey sent out an internal memo to staff, letting go at least 90 journalists on Tuesday.Photo Credit: postmedia.com.Postmedia CEO Paul Godfrey sent out an internal memo to staff, letting go at least 90 journalists on Tuesday.Postmedia CEO Paul Godfrey sent out an internal memo to staff on Tuesday, saying they’ve “faced ongoing pressures from all sides,” but calling their news teams amazing.

    Part of a cost cutting program aimed at finding at least $80 million in savings before the end of fiscal 2017.

    When it comes to cost cutting, he said they are, “considering approaches we have never taken – truly nothing is off the table,” although Godfrey’s compensation was about $300,000 more in 2015 than 2014, at over $1.7 million annually.

    Since the acquisition of the Sun Media brands in the spring of 2015, Godfrey said they have been integrating different departments including sales, marketing, HR, finance, IT and other administrative functions.

    “The next step is our newsrooms,” he continued.

    In Tuesday morning meetings, they announced partial mergers in Ottawa, Calgary, Edmonton and Vancouver.

    Newsroom staff in each city will largely be sharing resources, and real-estate, as in, one newsroom in each city.

    Calgary Sun and the Calgary Herald will share one Editor – Jose Rodriguez. In Edmonton, Edmonton Sun and the Edmonton Journal will share one Editor – Lorne Motley. In Ottawa, they are looking to hire a new Editor who will be responsible for both the Ottawa Citizen and the Ottawa Sun. In Vancouver, the company’s senior editorial team, lead by Rob McLaughlin, will be newsroom with two brands, The Vancouver Sun and The Province.

    They also announced the formation of a national sports-writing team, to be led by Bev Wake, the Senior Executive Producer for Sports.

    “What this means is that today we say goodbye to approximately 90 of our talented journalists, colleagues and friends,” continued Godfrey. “We will be working closely with those affected to ensure as smooth a transition as possible.”

    People are pouring out both disappointment and support on social media. 

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