Corus Entertainment has confirmed it’s made layoffs at Global News as it looks to create “a more sustainable future for the company and our News division.”
Unifor announced late Wednesday that 45 of its members working at the network in Alberta and B.C. had been subjected to layoffs, with an additional member impacted in the Eastern bargaining unit. Of the 46 jobs affected, the union said 26 are journalists.
A Corus spokesperson told Broadcast Dialogue on Thursday that the new round of layoffs is just the latest measure taken as part of an ongoing efficiency review process.
“As part of our efficiency review process across Corus, we have made some difficult but necessary changes to create a more sustainable future for the company and our News division,” the spokesperson said, in an emailed statement. “We are applying new workflows and ways of working, using the latest technology that will enable us to pave the way forward for the future of Global News. As a result, certain roles within some stations have been impacted.”
“Corus’ commitment to serving our audience across the country remains stronger than ever, and we will continue to tell important local news stories that matter to Canadians,” she added. “Corus is committed to providing information to our audiences and remain dedicated to upholding our responsibility as a trusted new source.”
In its Q3 earnings report in June, the company said it was anticipating a further year-over-year TV advertising revenue decline of 20% in Q4, citing geopolitical and economic uncertainty and an over-supply of premium digital video inventory from foreign competitors.
Corus slashed employee costs by seven per cent in the third quarter. The company last undertook major layoffs in the Global News division in August 2024 that resulted in more resource-sharing between the Calgary, Edmonton and Lethbridge TV newsrooms, among other changes. The company reorganized its Audio division in August 2023, and this past June made a sweeping round of layoffs that primarily impacted its Ottawa radio properties. The company has also paused new productions at its children’s content studio, Nelvana.
Corus shares on the TSX on Thursday morning were trading down slightly, hovering around nine cents.
