Merger leads to cuts

Telesat Canada jettisons 52 employees, Telesat.jpgciting job redundancy stemming from its recent $3.25-billion acquisition by New-York based Loral Skynet. Hit hardest were the company’s Ottawa operations, where 35 jobs were cut across all departments. A company spokesperson says the affected employees have been offered “generous” packages and career help. About 480 staff remain at Telesat’s Ottawa headquarters.

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