👉Corus 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.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #CorusEntertainment #Layoffs #MediaIndustry #JobCuts #Broadcasting #CanadaNews #EmployeeSupport #mnm #malayalisnearmeapp #canadaupdate #canadanews