Transcontinental Announces Another 250 Job Cuts After $144.3 Million Loss

Montreal-based printer and newspaper publisher Transcontinental Inc. announced yesterday that it will be cutting another 250 jobs in addition to the 1,500 positions eliminated in a major restructuring announced back in February. The company also said it posted a $144.3 million loss for the second quarter of this year as a result of the restructuring and other charges.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in