Postmedia continues its downward spiral - 2018-10-25

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F99.png Postmedia continues its downward spiral October 25, 2018, Robert Hiltz, National Observer

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.

"People were afraid for their jobs, they were afraid for the newspaper," Deborah Cole, president of the Ottawa Newspaper Guild, said in an interview with National Observer.

Wikipedia cite:
{{cite news | first = Robert | last = Hiltz | author2 = Bruce Livesey | title = Postmedia continues its downward spiral | url = | work = National Observer | date = October 25, 2018 | accessdate = August 28, 2019 }}