Thread regarding Lee Enterprises Inc. layoffs

Lee quietly slashes jobs following hostile takeover attempt

Lee Enterprises has been quietly laying off top editors and other staff across its local papers. The cost-cutting moves come after an unsolicited takeover bid from Alden Global Capital, a hedge fund known for consolidating local news for profit.

https://www.axios.com/lee-quietly-slashes-jobs-following-hostile-takeover-attempt-0d79cadb-7e82-4d9b-9e68-210fdd1824fe.html

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