"This isn't the death of newspapers. We're being affected by what's going on in the global economy," Crawley said.*
The Globe has about 800 employees in various departments, while CTVglobemedia employs about 6,500 workers across all of its divisions, which also include the CTV network and CHUM Radio, one of Canada's largest radio broadcasters.
The Canadian publisher's announcement comes as other North American newspapers announce major cutbacks.
