Source: nationalobserver.com

So how long can Postmedia, Canada’s largest newspaper chain, stay afloat?

A sign of the company’s fiscal crisis came in September when unionized journalists and sales staff at the Ottawa Citizen and Ottawa Sun voted 32 to 24 to accept a Postmedia contract that reduces sick pay, dental and other health benefits. The company had threatened to lock out the workers if they didn’t accept the deal.

Read entire story here: nationalobserver.com