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Old 01-19-2016, 02:50 PM   #1
habernac
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Default Post Media layoffs

There's been a massive amount of layoffs for the media outlet today, the only Calgary person I recognize so far is George Johnson:

George Johnson ‏@GeorgejohnsonCH · 3m3 minutes ago
So, after 34 years covering sports in Calgary, it's over. Am I sad? No. Bitter? Yes. Very. Condolences to all others affected by the carnage



Anyone else affected by this?


Mods, I think this is somewhat hockey related as Johnson has been a fixture here for years. Please move if you think otherwise.
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Old 01-19-2016, 02:51 PM   #2
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Shouldn't he be sad, but not bitter? It's a changing industry, they seriously couldn't see this coming?
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Old 01-19-2016, 02:53 PM   #3
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The basically fired the entire National Post sports section. Calgary and Edmonton have apparently been cut the most.

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The Globe and MailVerified account ‏@globeandmail 28m28 minutes ago
Postmedia job cuts:
Edmonton: 35
Calgary: 25
Ottawa: 12
National Post: 5
Saskatoon: 1
Windsor: 1
https://twitter.com/globeandmail/sta...59305658486784
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Old 01-19-2016, 02:53 PM   #4
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Shouldn't he be sad, but not bitter? It's a changing industry, they seriously couldn't see this coming?
Getting laid off by a company that just gave its execs big bonuses? I'd be bitter about it.
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Old 01-19-2016, 02:54 PM   #5
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Johnson has been the resident Flames crank for a while. Will be missed though.
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Old 01-19-2016, 02:55 PM   #6
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Getting laid off by a company that just gave its execs big bonuses? I'd be bitter about it.
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Old 01-19-2016, 02:55 PM   #7
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is there a list somewhere of who was cut?
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Old 01-19-2016, 02:56 PM   #8
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The basically fired the entire National Post sports section. Calgary and Edmonton have apparently been cut the most.



https://twitter.com/globeandmail/sta...59305658486784
Believe they are merging the newsrooms of the newspapers in Edmonton and Calgary. Matter of time before they shut one down since it makes little sense to have two newspapers with the same owner in town.
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Old 01-19-2016, 02:57 PM   #9
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Brutal news for those guys, always liked George's work.
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Old 01-19-2016, 02:58 PM   #10
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Getting laid off by a company that just gave its execs big bonuses? I'd be bitter about it.
But that's our system isn't it... The rich get richer and who gives a #### about the rest...
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Old 01-19-2016, 03:00 PM   #11
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These newspapers could never generate enough compelling content in the internet age. Even the online subscriptions are pointless when half the content is articles copied from Bloomberg newswire and Reuters.
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Old 01-19-2016, 03:01 PM   #12
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Yeah it sucks. Johnson was easily one of the best in the city.

Sadly this is going to become more common, especially in the sports media.

Lots of writers, many with the same view points, and sadly the are contributing to their own demise since they distribute 90% of the content they produce on items such as twitter.

Last edited by SuperMatt18; 01-19-2016 at 03:54 PM.
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Old 01-19-2016, 03:01 PM   #13
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Old 01-19-2016, 03:02 PM   #14
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Wonder if Francis survived..
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Old 01-19-2016, 03:02 PM   #15
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A good friend is the editor in chief of a daily newspaper. He's already lost one job in Ontario due to cuts so he moved to Alberta. He says every obituary represents a lost reader. Younger folks don't read papers like their parents did.
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Old 01-19-2016, 03:04 PM   #16
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A good friend is the editor in chief of a daily newspaper. He's already lost one job in Ontario due to cuts so he moved to Alberta. He says every obituary represents a lost reader. Younger folks don't read papers like their parents did.
Wow. No way! Is he sure?
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Old 01-19-2016, 03:04 PM   #17
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Seriously though. They paid bonuses of $1M to their executives for the Sun deal, who I'm sure they're desperate to keep in a dying industry that's leaking talent. These current cuts save them $5M+.

There are a TON of people who are good hockey writers. Not so many people who are good at running media companies.
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Old 01-19-2016, 03:05 PM   #18
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Found some relevant tweets:

Derek DeCloet @decloet26m26 minutes ago
It's easy (and understandable) to point at Godfrey's pay. But the real lesson of #postmedia is that media companies need good owners. (1/3)

#postmedia has the worst combination: weak ownership and an awful capital structure. No newspaper biz can support that kind of debt. (2/3)

#Postmedia's last quarter: $19.4-mn in operating profit, $18.7-million in interest expense. That's all you need to know. (3/3)
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Old 01-19-2016, 03:07 PM   #19
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I hope Johnson lands on his feet quickly but 34 years is a good run in any profession.
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Old 01-19-2016, 03:08 PM   #20
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I hope Johnson lands on his feet quickly but 34 years is a good run in any profession.
He can be bitter, but I imagine hes going to get an unreal payout.
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