Revenue Pressures Force Postmedia To Shut Down 15 Community Papers, Layoff 80

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Postmedia NetworkAnother media outlet has been impacted by financial strains caused do to COVID-19. Postmedia Network [TCO] has announced the newspaper will lay off about 80 employees and permanently close 15 community-based newspapers in the coming weeks.

Postmedia follows a growing list of Canadian media outlets including TorStar, Cogeco and La Press  who have had to cut staff due to reduced revenues.