Denver Post

Newsroom cuts and criticism

The operation of The Denver Post by Digital First Media, under the ownership of Alden Global Capital, has come under extensive criticism from workers at the newspaper and outside the organization. The hedge fund has made "relentless cost cuts" since taking ownership in 2010, despite the reported profitability of the Post, principally by laying off the newspaper's staff. Margaret Sullivan of The Washington Post called Alden Global Capital "one of the most ruthless of the corporate strip-miners seemingly intent on destroying local journalism." Under Digital Media First, the number of journalists in the newsroom was reduced by almost two-thirds by April 2018, to around 70 people. This represents a drastic fall from the over 250 journalists which The Denver Post employed before 2010, when it was purchased by Alden Media Group. At one point before 2009, the joint-operating agreement between The Denver Post and The Rocky Mountain News boasted a 600-strong staff of journalists, before the bankruptcy of the Rocky Mountain News that year.