New York City has over eight million people, but its hometown newspaper only has a Unionized Editorial Staff of 50.  Alden Global Capital, a Hedge Fund known as the “destroyer of newspapers,” has hacked Staff levels to the bone.  Since Spring 2022, 37 Staff Members have left or been fired, and only 15 have been replaced, but the budget continues to shrink. NewsGuild of New York Members can only surmise the money is lining executives’ and shareholders’ pockets, in addition to the $90 million to $100 million Alden received for selling their printing plant.  The few Staff Members left behind are tasked with documenting a mountain of news.  Despite their best efforts, they can no longer thoroughly report on all the issues important to New Yorkers - with no Reporters left to cover the Governor’s Office and State Lawmakers in Albany, the New York City Housing Authority, the migrant crisis, the National Hockey League’s Rangers, Islanders and Devils, college sports and the bustling courthouses in Queens and the Bronx, to list a few examples.  

Click here to tell Daily News Executive Editor Andrew Julien that it’s time to stop the drain on resources and give the Daily News Union a fair contract.