Postmedia to lay off 11 per cent of staff, sources say
BNN Bloomberg
Sources say newspaper publisher Postmedia Network Corp. is laying off 11 per cent of its editorial staff.
Postmedia announced the layoffs at a town hall this afternoon.
The company, which owns publications such as the National Post, Vancouver Sun and Edmonton Sun, employs approximately 650 journalists.
It says all properties within its network will be affected.
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