Saltwire Lays Off 40 Percent of Workforce, Closes Weekly Papers due to COVID-19
President and CEO, SaltWire Network Mark Lever, has announced that the compnay has laid off 40 percent of its workforce due to COBID-19.
The company said that "the economic ripple effect of COVID-19 has hit our local newspaper media industry faster and far more aggressively than we could have ever planned for or anticipated. "
The production of all weekly publications (both free and paid-for) in Newfoundland and Labrador and Nova Scotia will be suspended for the next 12 weeks.
SaltWire will continue to produce – both in print and online – four dailies, which will include The Chronicle Herald, the Cape Breton Post, The Guardian and The Telegram. SaltWire will also continue to provide flyer distribution throughout this period.
On a temporary 12-week basis, The Guardian and The Journal Pioneer will be combined, with Journal Pioneer subscribers receiving The Guardian on a daily basis.
All NS subscribers to paid weeklies will be provided with the weekend edition of The Chronicle Herald.