Today letters went out to employees at the Victoria Times Colonist, Vancouver Sun and The Province announcing buyouts.
Over the past week Postmedia has been cutting jobs at its newspapers across Canada. Positions have been chopped at the Calgary Herald and Edmonton Journal.
Below is the text of the letter from Kevin Bent to PNG employees. The company has not provided us with any other details.
“Pacific Newspaper Group announces that we will be accepting applications for the Voluntary Staff Reduction Plan (VSRP).
“As our Company emerges from CCAA protection in an economy that remains volatile, we must continue to find ways to serve our readers and advertisers in more cost-effective ways while we continue to transform our business.
“Eligible employees for consideration for the VSRP are regular full time or regular part time employees who are covered by Part “A” (Former Guild) of the Collective Agreement.
“The VSRP terms and conditions are outlined in the Collective Agreement. The basic provisions are 6 weeks pay per year of service to a maximum of $150,000.
“Applications will be accepted up until 5PM Friday September 17th. Application forms and a Frequently Asked Questions document are attached or can be obtained from the Human Resources Department.
“Offers to those employees making application will be at the sole discretion of the Pacific
Newspaper Group, subject to VSRP parameters regarding classification and seniority. PNG Human Resources are contacting the CEP Local 2000 to establish a plan oversight committee further to the plan provisions.
“Prior to any offers being extended, PNG will assess operational and staffing needs, financial considerations, the timing of departures and the number of applicants. Those being accepted for the VSRP at this time should expect to have their employment cease prior to October 31st, 2010.
“Any questions about this plan may be directed to your Department Manager or the Human Resources Department.”
Please check this website for further information.