'Confusing and hurtful': Investment firm takeover sparks fear at Press Democrat
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'Confusing and hurtful': Investment firm takeover sparks fear at Press Democrat
""We don't want to assume that layoffs are coming, but obviously that's sort of been a fear all along when we first heard about the sale." - Phil Barber"
Staff at the Santa Rosa Press Democrat are voicing their worries about the future of local journalism after the newspaper was sold to MediaNews Group, a subsidiary of Alden Global Capital. The abrupt nature of the sale raised alarm bells, especially when employees were offered a voluntary separation agreement shortly afterward. Veteran reporter Phil Barber expressed the anxiety surrounding potential layoffs, revealing a climate of uncertainty and distrust among staff regarding the new ownership's intentions and the overall health of journalism in their community.
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