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Executive: Speculation driving oil prices
MONTREAL, Sept. 3 (UPI) -- Workers at North America's largest French-language newspaper, Montreal's La Presse, were told Thursday if they didn't make concessions, the paper would fold.
Publisher Guy Crevier advised some 700 union members in an e-mail unless $13 million in concessions were made, the newspaper would stop publishing its print and Web editions Dec. 1, The (Montreal) Gazette reported.
The 125-year-old broadsheet stopped publishing Sunday editions during the summer as a cost-cutting move, the National Post said.
The main union representing the La Presse workers made no immediate comment on the ultimatum, the Gazette said.
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