๐Corus Entertainment Inc., parent company of Global News, announced plans to lay off an additional 300 employees by August, following nearly 500 layoffs by the end of May. The company's co-CEO and CFO, John Gossling, cited the need to reduce costs and adjust to current operational challenges. The company will also implement programming changes to address regulatory and advertising revenue issues. Canadians have expressed concern over the future of the media giant, with reactions flooding social media. Former Global News Toronto Managing Editor Simon Ostler expressed empathy and offered support to affected employees.โ . ๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐๐๐ฆ ๐ก๐จ๐ฆ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐๐ง๐ ๐๐๐ซ๐ ๐ก๐๐ฌ๐, ๐๐ง๐ญ๐๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐๐ ๐ ๐๐ฑ๐ฉ๐๐ซ๐ญ. ๐๐๐ฅ๐ฅ: +๐ (๐๐๐) ๐๐๐-๐๐๐๐ @neena.robin . . #CorusEntertainment #Layoffs #MediaIndustry #JobCuts #Broadcasting #CanadaNews #EmployeeSupport #mnm #malayalisnearmeapp #canadaupdate #canadanews
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