Friday, January 23, 2009

Charlottetown Guardian cutting costs

Charlottetown's daily paper has laid off some staff and is freezing salaries as it works to deal with the economic downturn.

Staff at the newspaper were told of the moves in a memo this week.

Two people have been laid off. Staff have also been given five days to decide if they want to work a reduced workweek for reduced pay.

The Guardian is owned by Transcontinental, which publishes 170 newspapers across Canada, including Summerside's Journal Pioneer. The memo notes the entire newspaper business is being affected by the recession.

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