Publication suspends operations after five weeks, decision infuriates staff
The first issue hit newsstands April 21st, the last employee left the offices of the GTA Business News two weeks later on May 7th (disclaimer: it was me)."More than being a tad unjust to staff that was hired only weeks ago, it bespeaks of an egregious lack of foresight on the part of the owners in understanding what it takes to run a newspaper," said a reporter who refused to be identified.
"I'm mean, some people had turned down other great opportunities to work here, and after just weeks of full scale operations they decide to pull the plug? It's brutal," said another employee who also refused to be identified.
A lack of advertising interest is believed to have prompted the newspaper's decision to shut down. According to sources, there was not a single paid ad in either of the paper's two printed issues.
The GTA Business News was distributed to over 250 locations between Oshawa and Burlington and north to Newmarket, with a circulation of approximately 25,000.
