Corus Entertainment is implementing reductions within its television and radio sectors.
According to a representative from the company, a “small number” of adjustments have been made in specific markets, impacting positions at Global B.C., Global National, News 640, and talk radio.
The spokesperson indicated that while these changes are challenging, they are essential to organize teams in a sustainable manner, aiming to reduce disruption in local news and audio services.
This latest action follows earlier job cuts this year that affected numerous positions, primarily in Western Canada, as part of a broader programming overhaul nationwide.
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Global News lays off employees in Alberta, British Columbia and Ontario
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Corus Entertainment ‘aggressively’ cutting costs, laying off more employees as revenue slumps
Recently, Corus disclosed a net loss of $36.5 million for its shareholders in the third quarter, with revenue for that period declining by 16 percent compared to the same time last year.
The firm is currently awaiting approval for its proposed recapitalization strategy, which involves lenders converting debt into equity in a newly formed parent company.