Merger leads to cuts
Telesat Canada jettisons 52 employees,
citing 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.
