Sun Media eliminates 360 jobs, 11 newspapers
Media | 07/17/2013 9:03 pm EDT
Sun Media, a Quebecor Inc. subsidiary, is cutting 360 jobs and closing 11 of its newspapers, the company said.
In a release Tuesday, Sun Media said it is closing the Ottawa, Edmonton and Calgary editions of its 24 Hours news service, a free daily newspaper designed for commuters.
It said it is also closing eight other newspapers in Quebec, Ontario, Saskatchewan and Manitoba: L’Action Régionale en Montérégie, The Lindsay Daily Post, The Midland Free Press, The Meadow Lake Progress, The Lac du Bonnet Leader, The Beausejour Review, Le Magazine Saint-Lambert, and Le Progrès de Bellechasse.
The company said it expects the cuts, along with “a series of initiatives to enhance operational efficiencies,” will result in approximately $55 million in
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