"The process won't cause significant job losses, but “difficult decisions” mean some suppliers and past employees will be affected, Mr. Asper said in an internal memo."
That's a casual little paragraph to summate what must be, in some homes, some devastating financial loss. My sympathy goes out to those past employees who left with some coverage in place and are now suddenly kicked in the teeth with the news that there is no money for them now.
Totally unfair.
Lots of depressing stories glossed over in a brief paragraph and you can be certain that the Aspers still walk out with a few million more EACH than those who invested their lives and careers.
7 rumbles:
I'll go out on a limb and count CTV out of the bidding.
Could the various branches be spun out into stand-alone companies?
"The process won't cause significant job losses, but “difficult decisions” mean some suppliers and past employees will be affected, Mr. Asper said in an internal memo."
That's a casual little paragraph to summate what must be, in some homes, some devastating financial loss. My sympathy goes out to those past employees who left with some coverage in place and are now suddenly kicked in the teeth with the news that there is no money for them now.
Totally unfair.
Lots of depressing stories glossed over in a brief paragraph and you can be certain that the Aspers still walk out with a few million more EACH than those who invested their lives and careers.
Don't ya just love big business?
Ouch, I say.
You're talking pensions, right?
Dwight: "You're talking pensions, right?"
And most likely weekly severance payments for those laid off earlier this year.
I should've remembered the severance angle. My stupid.
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