Canadian Magazine Industry News
5 May 2010,     TORONTO/MONTR�AL
Transcontinental confirms restructuring, wage freeze
Transcontinental Media has confirmed ten positions at the company have been restructured.  Director of media relations Nessa Predergast says some of the employees are leaving the company, some working on contract and some repositioned.

Prendergast also confirmed a wage freeze has been put in place for the year.

These steps were taken to “ensure the company has the flexibility to respond to the market,” says Prendergast.

No word was given on which jobs were affected.

Story Tools
Most Recent News Comment
Jaded says:
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
Most Recent Blog Comment
Lorene Shyba says:
Full of terrific information, Thanks!...
Special Reports