Quebecor's Sun Media to close publications, cut jobs

Tue Jul 16, 2013 12:01pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

July 16 (Reuters) - Canadian media and telecommunications conglomerate Quebecor Inc said its Sun Media Corp unit will cut 360 jobs and close three free newspapers and eight other publications.

The company said it expects annual savings of about C$55 million ($53 million).