Media giant Quebecor cuts 220 staff, eight percent workforce

Canadian media giant Quebecor announced Wednesday it is cutting 220 jobs, or eight percent of its workforce, including at its flagship TVA television network.
"In Quebec as elsewhere in the world, our industry is facing ongoing disruption," said chief executive Julie Tremblay, adding that the company, which began restructuring two years ago, must "further adjust structural costs and become more agile."
The slashed positions are mainly managers, professionals and administrative support staff, the company said.
At TVA Group, 125 positions will be abolished.