“In announcing that he was tired of overseeing annual budget cuts, president and chief executive Hubert Lacroix announced a massive cut: as many as 1,500 employees or almost 20 per cent of the workforce over five years, though a lot of that, it is hoped, will be achieved through attrition. The scythe will be taken most significantly to the local news and sports operations, with dinner-hour newscasts pared from 90 to 30 minutes and sports productions taking an inevitable hit from the loss of NHL broadcast rights to Rogers.”
