Montreal’s La Presse has reached a deal with four of the eight employee unions it deals with, the newspaper announced.

At the beginning of Sept., La Presse threatened to shut down if a cost-cutting agreement could not be reached within three months.

The paper reached an agreement in principle with four unions (advertising, preparation, internal printing and boiler room).

Details of the agreement have not been made public, but will be announced to employees at a general meeting today, Oct. 29.

No deal has been reached with the four unions that handle editorial, clerical, computing and distribution staff. The paper said negotiations are continuing.