Thread regarding Tribune Company layoffs

AGC

In May, the Tribune was acquired by Alden Global Capital, a secretive hedge fund that has quickly, and with remarkable ease, become one of the largest newspaper operators in the country. The new owners did not fly to Chicago to address the staff, nor did they bother with paeans to the vital civic role of journalism. Instead, they gutted the place.

https://www.theatlantic.com/magazine/archive/2021/11/alden-global-capital-ki----g-americas-newspapers/620171/

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