Newspaper publishers in Quebec, Atlantic Canada laying off nearly 400 employees
Two newspaper publishers in Quebec and Atlantic Canada are temporarily laying off nearly 400 employees because of the impact of COVID-19.
SaltWire Network is laying off nearly 40 per cent of its workforce or about 240 people, effective Wednesday, while the co-operative that owns most dailies newspapers outside of Montreal is cutting about 143 jobs.
SaltWire is suspending all weekly papers in Nova Scotia, and Newfoundland and Labrador for 12 weeks, as well as combining two daily papers.
La Co-operative nationale de l'information independante, formerly Groupe Capitales Medias, which publishes papers including Le Soleil, will suspend all weekday print editions.
Saturday editions of the French-language papers will continue along with content on its digital platforms.
SaltWire Network CEO Mark Lever says in a letter to readers that the company has been forced to take steps because nearly two-thirds of its revenue has disappeared with many advertisers temporarily stopping operations.