TVA Group cuts 90 jobs, blames tough ad market

MONTREAL – Quebecor’s TVA Group announced today it is cutting 90 jobs as part of a plan to reduce operating costs in a challenging market. In a release, the company said the job cuts, which represent 4.5% of its total staff, are necessary for the company to compete in what it says is a challenging market for advertising revenue for media outlets both here and abroad In addition to a reduction of existing personnel, unfilled positions will be abolished and others will be eliminated through attrition, the release states. “In order to preserve its leadership position in Quebec, protect its...