BC / Vancouver Sun and The Province to cut jobs

Employees at two of B.C.’s biggest newspapers were warned Wednesday that their jobs are on the line in the midst of severe revenue declines.

Staff at the Vancouver Sun and The Province received a four-page memo from their new president detailing the company’s financial woes.

Gordon Fisher, the new president and publisher of Pacific Newspaper Group, said in the ominous letter that job cuts are inevitable.

“We must take some immediate steps to stop the bleeding,” Fisher wrote, adding that he believes the business model of the publications can be re-engineered.

Chosen excerpts by Job Market Monitor

via Big B.C. newspapers face extreme cutbacks, layoffs | CTV British Columbia News.