Read at www.theguardian.com
Employees at the New York Daily News and Forbes staged a walkout to protest job cuts and budget slashes by owner Alden Global Capital. The Daily News, once the largest circulating newspaper in America, has experienced a significant decline in staff and readership over the years.
Today, the New York Daily News Union is walking off the job for 24 hours. We are fed up with Alden Global Capital's constant cuts and apparent commitment to shrinking the paper.
The New York Daily News has a storied history, once home to legendary reporters such as Pete Hamill and Jimmy Breslin. However, the publication has been greatly diminished, with circulation dropping by nearly half and multiple rounds of devastating job cuts. The walkout in 1991 was the last time such action was taken, coinciding with the paper's purchase by British press baron Robert Maxwell. The current walkout signifies growing unease and frustration within the US newspaper industry, as seen with the recent firing of over 100 journalists by the Los Angeles Times.
Once home to legendary reporters including Pete Hamill and Jimmy Breslin, the paper is a shadow of its former self.