Musings —05.28.2012 04:50 PM—
It’s the second time this month the company has announced layoffs, after cutting 25 out of 58 jobs in its Postmedia News division. It made the decision to close the wire service and go with Canadian Press content for “commodity news” that can be produced by a wire service instead of staff reporters.
The company told employees Monday afternoon that Ottawa, Calgary and Edmonton would lose their Sunday papers and that the National Post would stop printing on Mondays through the summer for the fourth year in a row. The chain will also stop publishing on holidays such as Victoria Day and Canada Day.
I was at the Herald when they commenced publishing the Sunday magazine – they gave me my first break as a freelancer, in fact – and at the Citizen when the Sunday edition started up. So I find this all very sad.
You don’t have to be an economist to know where this is all headed: the end of broadsheets. It all seems like this inexorable downward spiral, which started when media organization themselves started to give away content online, and in commuter tabloids and so on. If you act like your stuff doesn’t have any value, nobody else will think it does, either.
They’re now fighting a rearguard action, and it’s too late. They can’t put the genie back in the bottle.