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Toronto Star cuts jobs and outsources editing tasks | Toronto Star cuts jobs and outsources editing tasks |
(7 months later) | |
Canada's highest-selling newspaper, the Toronto Star, is cutting 55 jobs, some 9% of its total staffing. Half of the cuts will affect editorial staff because editing duties are to be outsourced to Pagemasters North America, the Canadian Press agency operation. | Canada's highest-selling newspaper, the Toronto Star, is cutting 55 jobs, some 9% of its total staffing. Half of the cuts will affect editorial staff because editing duties are to be outsourced to Pagemasters North America, the Canadian Press agency operation. |
The Star's publisher, Torstar Corp, owns Canadian Press in company with the Globe & Mail and the Square Victoria group. | The Star's publisher, Torstar Corp, owns Canadian Press in company with the Globe & Mail and the Square Victoria group. |
Outsourcing is much cheaper. According to a Globe & Mail report, the top union rate for a Pagemasters editor is $48,000 (£31,000) while the salary for the same job at the Star is close to $85,000 (£55,000). | Outsourcing is much cheaper. According to a Globe & Mail report, the top union rate for a Pagemasters editor is $48,000 (£31,000) while the salary for the same job at the Star is close to $85,000 (£55,000). |
Torstar's outsourcing move is part of a world-wide trend. Several British and Australian publishers have used the same ruse. | Torstar's outsourcing move is part of a world-wide trend. Several British and Australian publishers have used the same ruse. |
The Globe & Mail, which also outsources some work, quotes a Toronto Star spokesman as saying: "It's challenging times in the newspaper business. And in these challenging times we need to protect the reporting side of the business, which we have managed to do here." | The Globe & Mail, which also outsources some work, quotes a Toronto Star spokesman as saying: "It's challenging times in the newspaper business. And in these challenging times we need to protect the reporting side of the business, which we have managed to do here." |
Torstar is set to announce fourth-quarter earnings tomorrow. It earned $14.1m (£9m) in the third quarter, down from $25m (£16m) a year earlier. | Torstar is set to announce fourth-quarter earnings tomorrow. It earned $14.1m (£9m) in the third quarter, down from $25m (£16m) a year earlier. |
According to the latest circulation figures I can find (for 2010), the Star sold 381,310 on weekdays, 546,819 on Saturdays and 337,846 on Sundays. | According to the latest circulation figures I can find (for 2010), the Star sold 381,310 on weekdays, 546,819 on Saturdays and 337,846 on Sundays. |
Source: Globe & Mail | Source: Globe & Mail |
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