This translation has been automatically generated and has not been verified for accuracy.Two major Quebec media companies are announcing big cost-cutting measures that they say are necessary to deal with the economic fallout from the COVID-19 pandemic.
Meanwhile Montreal’s La Presse said today it would implement a 10 per cent salary cut for its unionized employees and its managers until 2021. The not-for-profit news company says it won’t be eliminating any positions.Thursday’s bad news follows a reorganization announced earlier this week of a co-operative that operates six daily newspapers in the province. The co-operative, known as CN2i, said it would suspend the publishing of its printed editions, and it temporarily laid off 143 people.
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