Corus confirms unspecified number of layoffs at Global News
Corus Entertainment is laying off 43 employees at Global News as part of a broader strategy to centralize production in Toronto. The company cites declining advertising revenue in linear television as the primary driver for these operational changes.
Why it matters
The move reflects the ongoing struggle of traditional media outlets to maintain local news coverage amidst a shift toward digital advertising and cost-cutting measures.
Unifor — the union which represents thousands of media workers, including at Corus — said 43 jobs will be cut.
The report balances the company's justification for sustainability with the union's concerns regarding the impact on local news quality.
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