Postmedia hopes cutting jobs and Sunday editions can save journalism

In another sign of print journalism’s bleak future (and bleak present as well), Toronto-based newspaper publisher Postmedia Network has sent a memo to staff announcing it will cut the Sunday editions from a number of its dailies. Thanks to “advertising revenue challenges,” the Calgary Herald, Edmonton Journal and Ottawa Citizen will no longer put out Sunday papers (the National Post is safe for now, though, like the last three years, it won’t have a summer Monday edition). The owner of Canada’s largest newspaper chain will also lay off employees at 10 of its dailies, which the Twitterverse says will include 20 jobs at the Ottawa Citizen and 23 more at the Montreal Gazette. Postmedia is banking on its digital business and has experimented with metered access to its content, following in the steps of papers like the Globe and Mail and the New York Times who have introduced—or are about to introduce—online pay walls. [Financial Post]