by: Steve Ladurantaye | The Globe and Mail

Just months after announcing a broad restructuring that centralized production of its newspapers and led to job losses at papers across the country, Postmedia Network Canada Corp. said it will cut deeper in hopes of reinventing itself as a profitable digital company.

In late May, the publisher of such titles as the National Post and Calgary Herald said it would eliminate editing at its local newspapers in favour of a central facility in Hamilton, Ont., close its wire service and stop printing Sunday papers in some markets in a bid to save up to $40-million.