La Presse says it can't afford to maintain its day-to-day activitiesunder its current business model. (CBC)
From The CBC:
North America's biggest French-language broadsheet is threatening to cease publication on Dec. 1.
Montreal newspaper La Presse told staff in an email Thursday that their union has three months to reach a new cost-cutting deal with management.
Under its current business model, La Presse can't afford to maintain its day-to-day activities, said Caroline Jamet, vice-president of communications for the newspaper.
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More News On The Possible Closure Of La Presse
La Presse kills off Sunday edition -- Canada.com
La Presse threatens union with closure -- Canada.com
Canada newspaper threatens to cease publication -- AP
Canada's La Presse paper threatens to close -report -- Reuters
La Presse threatens to cease publishing Dec. 1 -- CTV
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