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Posts tagged "Postmedia; Torstar; lay off; termination; employment; severance"

Postmedia-Torstar deal means wrongful dismissal suits likely to follow

This week, Torstar Corp. and Postmedia Network Inc. announced their deal to sell newspapers to one another to reduce competition and monopolize advertising revenue. As a result of this deal, Postmedia announced it will cutting 244 jobs and is shutting down 24 newspapers, including the following from eastern Ontario: