Quebec media giant TVA lays off more than 500 employees, almost a third of its workforce
TVA announced it will be laying off 547 employees after seeing a $13 million deficit this year, mostly due to loss of advertising revenue.
![Quebec media giant TVA lays off more than 500 employees, almost a third of its workforce](https://i.cbc.ca/1.7016853.1698955111!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/tva-group-cuts-20190605.jpg)
![File photo TVA Group headquarters in Montreal in 2016. Building with T-V-A logo.](https://i.cbc.ca/1.7016853.1698955111!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/tva-group-cuts-20190605.jpg)
TVA announced it will be laying off 547 employees after seeing a $13 million deficit this year, mostly due to loss of advertising revenue.