Global News laying off 35 workers across the country

The cuts follow news of Corus having lost licensing rights to several WBD properties.

Global News is cutting 35 unionized positions, including seven in Toronto, three in Ottawa, 24 across Alberta, and one in Vancouver. This is the latest culling in the media sphere, as Bell and CBC have both suffered major cuts this year.

“These changes correlate with the current economic and regulatory reality we, and other media organizations, find ourselves in,” Global News spokesperson Anna Arnone said in a statement to The Canadian Press. “We are continuously working to improve the way we gather, produce and deliver award-winning content.”

The layoffs come on the heels of parent co. Corus losing the Canadian rights to several Warner Bros. Discovery properties, including The Food Network, HGTV, and OWN, which were picked up by Rogers and will take effect in Jan 2025.

Citing financial concerns, Corus had recently asked the CRTC for a reduction in its Canadian content spending requirements, and received it in May.

In April, chief executive Doug Murphy reported the company lowered expenses by 13%, or $38 million, in its latest quarter that ended Feb. 29, and has slashed 15% of costs, or $88 million, year to date. But this also coincided with a 13% drop in revenue, with television advertising revenue dropping 12%.