Alden Buyouts Have Eliminated More Than 10 Percent of Tribune Publishing Newsroom Staffing in Just Six Weeks


Hedge fund Alden Global Capital, true to its cut-and-slash reputation, has bought out and let go at least 10% of the newsroom workforce since it acquired Tribune Publishing six weeks ago.

I am extrapolating—but only a little—from statistics compiled by the NewsGuild, which has local chapters in all Tribune newsrooms except that of the Sun-Sentinel in South Florida.

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