The publisher controlling the greatest newspaper circulation in California is based out of Denver, where its flagship publication is the Denver Post.
And a story from Westword about the Post has to be sending chills down the spines of journalists at the chain’s California papers:
Last week, as we reported, the Denver Post announced the names of twenty employees who’d accepted buyout offers, including prominent personalities such as longtime TV columnist Joanne Ostrow and editorial page editor Vince Carroll.
This number fell short of the Post’s buyout goal of 26 members of the newsroom, and observers immediately feared that layoffs would be implemented to make up the difference.
And so it has come to pass.
According to the Denver Newspaper Guild, the Post has announced its intention to lay off three members of its newsroom by July 8. In addition, we’ve learned that numerous part-timers have also been let go in addition to three workers in the paper’s IT department.
The names of the full-time editorial staffers being let go is unofficial at this point, but Morgan Dzakowic, a sports writer and digital producer, confirms that she’s received a termination notice. She places the blame for the buyouts and layoffs at the doorstep of Alden Global Capital, the hedge fund that controls the Post’s owner, Digital First Media.
“They’re basically milking the Denver Post for all it’s worth,” Dzakowic says. “The Post is extremely profitable, but these corporate people are gutting the paper — and there are a lot of talented people in the building.”
If the ax is falling in Denver, can blows in Oakland, San Jose, Marin County, Los Angeles, Yolo County. . .and more be far behind?