Globe and Mail to cut 10 per cent of staff

The Globe has joined CanWest, the Sun and everyone else in announcing cutbacks to its staff today, of up to 10 per cent of positions.  Their language in explaining this is fairly apocolyptic: “the survival of the fittest applies.” My bet: the Sun chain goes down, followed by the National Post, with English language media monopolies in every city except Toronto, and that would only have two real dailies, the Star and the Globe (the free subway papers don’t count.)

Report on Business, Jan. 10 2009

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