Source: ctv.ca
Following a dip in advertising sales this fall that has affected companies across the media industry, Postmedia Network Canada Corp. is offering another round of buyouts to employees at its two daily papers in Vancouver.
Staff at the Granville Square building that houses The Vancouver Sun and The Province received letters from the company last Friday, Dec. 9, explaining that it would once again put forward a “voluntary staff reduction plan” to cut costs at the papers.
The full bargaining committee for PNG contract talks met December 5th in the union office to review the state of negotiations.
President Mike Bocking reported on the many external factors affecting the talks – uncertainty in the economy, the industry and with the company.
Committee members reported that the recent sale of all of Postmedia’s B.C. newspapers, except PNG, and the recent termination of the most senior Postmedia executives charged with its “digital” strategy, has raised many questions among the membership about the direction of the company or the possibility of its imminent sale.
Committee members also reported some members expressing frustration over the slow pace of talks.
This entry was posted on Friday, December 9th, 2011 at 12:33 pm and is filed under Local News.