Print - Friday, January 9, 2009 13:04 - 1 Comment

Globe and Mail looks to cut 10% of its staff

Journalists at The Globe and Mail are gearing themselves for a rough few months, with the newspaper’s publisher warning of job cuts in the future.

In an e-mail to staff, published by J-Source, publisher Phillip Crawley announced that the company was offering voluntary redundancies.

Crawley wrote that:

The sharp downturn in print advertising revenue in the last six months leaves me with no alternative but to reduce staff costs. Helped by your suggestions after the last Town Hall in November, we have made substantial progress in cutting spending across the company, but not nearly enough to offset the loss of sales revenue.

Unfortunately the Globe does not expect enough people to take voluntary severance, with the possibility of layoffs further down the line.

UPDATE: More details have emerged about the cuts at The Globe and Mail. The newspaper wants to cut about 10% of its staff of 800 people.

Continue…