Alden Global Capital initiated staff cuts at Daily News. The Daily News union issued a strong response. These layoffs will reduce the union's membership by 28%. The union called Alden Global Capital a "predatory newspaper owner." They stated the cuts reflect corporate greed, not investment in journalism.
New York City, New York
https://nycclc.org/news/daily-news-union-newsguild-new-york-respond-alden-global