UPFRONT

Transcontinental Cuts Staff

MONTREAL—Transcontinental Inc. is laying off 250 workers above the 1,500 cuts announced earlier this year, according to The Canadian Press. The move comes on the heels of its C$144.3 million loss for the second quarter of 2009, compared to a net profit of C$36.9 million for the same period the previous year. The company expects to generate C$100 million in cost savings with the streamlining of 1,750 jobs, which represents about 13 percent of its workforce.