‘We can and will do much more’: Corus preparing more job cuts with cost-saving measures

Media company says it is confident in slate of rebranded and new content after losing Discovery rights By Ahmad Hathout Corus Entertainment executives said Monday that the pure-play media company is expecting to make further cuts to full-time positions, which will bring the total by the end of August to almost 800, or 25 per cent, since the beginning of its fiscal year in September. “Our board of directors has given us a clear mandate to decisively right-size the business and create a more sustainable future,” John Gossling, co-CEO of Corus and chief financial officer, said on a third quarter...