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The Economic Times

Corus layoffs: Canada’s Global News, Global BC and News 640 hit by fresh job cuts just five months after C$500M debt-restructuring bid as broadcaster faces mounting financial pressure

Corus Global News United States Canada Corus Entertainment Jeff Bezos MacKenzie Scott Toronto Alberta Amazon

Corus layoffs: Corus Entertainment has confirmed another round of job cuts across its television and radio operations, with employees at Global BC, Global National, News 640 in Toronto and other talk-radio operations affected as the Canadian broadcaster continues to restructure its business.

The latest Corus layoffs come just five months after the company unveiled a C$500 million debt-restructuring bid, underscoring the financial pressure facing the Canadian media giant.

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