Canadian Publishing Industry News
1 February 2026,    
Politico cuts staff, explores new subscription models
 
 Politico has cut about 3% of its 750-person global staff, a reduction that included well-known bylines like Michael Schaffer and several former top editors. While a blow to a publication that has prided itself on financial stability, the company’s restructuring was not unexpected to close observers. Late last year, the politics and policy publication offered buyouts to its video staff. 
The news outlet also announced that it’s looking at a suite of new products, including tailored subscription models for financial services companies – an indication that the publication is looking to compete with other news outlets such as Bloomberg and Punchbowl.
 
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Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
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