Canada's largest newspaper chain Quebecor Inc cuts 400 jobs

Canada's largest newspaper chain is cutting 400 jobs that may include some staff in Sault Ste. Marie.

Quebecor Inc., owner of Sun Media that controls dozens of newspapers across Canada including the Osprey chain that publishes the Sault Star and Sault This Week.

Local2news contacted Sault Star editor, Frank Rupnik for comment but has not responded.

News of the cuts started on twitter from an employee and confirmed by the Southern Ontario Newsmedia Huild representing workers at the Toronto Sun.

Roughly half of the 400 jobs to be cut will be through buyouts while about 100 jobs will be permanently eliminated.

Quebecor Inc. executives have issued a no comment about the pending job cuts. News of the layoffs spread after the company posted a drop of 69 percent in revenues. Like other news media companies , the newspaper chain has been squeezed in recent years due to lower circulation and advertising revenues migrating to the internet.

The last round of cuts at Sun Media were in 2008 just before Christmas when the company eliminated 600 positions.

Though the company has not issued any statement on the cuts or where the cuts will be made, some eomplyees of the company have used twitter to spread the news. One user reports about 20 jobs cut at the Calgary Sun while another 27 jobs were given the axe in Edmonton. Other jobs at the Toronto Sun where there have been several layoffs at the newspaper, where they are shipping pre-press work offshore to India said one union official.

Quebecor media owns Sun Media, French-language broadcaster TVA Group, the Videotron cable TV operator in Quebec, the Canoe website and other propertie and recently launched a FOX news style channel SUN TV last Spring and has yet to find a sizable audience.

Quebecor Inc. is owned by the Peladeau family and is based in Montreal, Quebec.

It is not certain yet if any positions will be cut locally, though several Ontario based newspapers owned by Quebecor including the London Free Press has seen a reduction of about 18 staff.

Source: Local2ca