Globe and Mail cutting work force

Globe and Mail ^ | January 9, 2009 | GRANT ROBERTSON

[Loyalist]

The Globe and Mail is planning to reduce its work force by about 10 per cent through voluntary buyouts, and possible layoffs, publisher Phillip Crawley told staff Friday.

The newspaper is looking to cut between 80 and 90 jobs, and will offer voluntary buyout packages over the next few weeks. Should that target not be reached, layoffs will be needed to reach that figure, Mr. Crawley said.

Roughly 800 people work at The Globe and Mail, with editorial representing the largest department. The last time the newspaper offered voluntary buyouts, in 2004, about 30 employees took the packages. The last time there were layoffs was in 1982.

The move comes after a string of layoff and buyout announcements across the Canadian media sector, as the economic downturn causes advertising dollars to evaporate.

[Loyalist]

Canada's National Newspaper discovers that it is not immune to the economic crisis that it's been playing up as the worst since the Great Depression, if not all time.

I hear that Michael Ignatieff's hiring, though.

[johnandrhonda]

the most liberal, clueless piece of crap I ever read...

[sionnsar]

ping

[abb]

ping

[abb]

http://bristolnews.blogspot.com/
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http://www.wordyard.com/2009/01/09/why-second-newspapers-used-to-matter/#comments
Why second newspapers (used to) matter

[abb]

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[abb]

http://business.smh.com.au/business/from-fleet-street-to-the-suburbs-of-sydney-20090109-7do2.html
From Fleet Street to the suburbs of Sydney