Quebecor has introduced a number of restructuring initiatives at its Sun Media newspaper division designed to save the company approximately $45 million annually. Organizational changes include the closure of two production facilities in Ottawa and Kingston and the termination of nearly 500 positions across the chain. According to a statement released by the Montreal-based media company, the “innovative plan will streamline decision-making and operational structures in order to achieve greater efficiency in all activities, from the editorial to the industrial operations.”
Sun Media currently owns 36 paid-circulation daily newspapers and six free daily newspapers as well as almost 200 community newspapers, shopping guides and other specialty publications.