The start of the 2019 Kaiser Permanente Colfax Marathon. (Courtesy Colfax Marathon)
Four members of the Denver Post newsroom were laid off Friday, according to a tweet from one of the publication’s reporters.
Reporter Elise Schmelzer said nine other Denver Post employees that aren’t part of the newsroom, but who are also represented by the newspaper’s union, were also laid off.
A union official told Colorado Independent reporter Corey Hutchins the newsroom layoffs involved three assistant editors and one editorial assistant.
The Denver Post is owned by the hedge-fund-controlled MediaNews Group.
Print media has been hit hard by the coronavirus fallout, which has prompted a decline in spending by advertisers both large and small.
Denver-based Voice Media Group, the paper company of Westword and alt-weeklies in other cities, told employees on March 17 that it was reducing their pay between 25 and 35 percent. The company also warned at the time that layoffs might be coming.
Colfax Marathon: The Colfax Marathon, which had been scheduled for May 17, won’t take place on that date.
Event organizers are looking at whether the marathon, along with its affiliated shorter races, can be rescheduled for later in the year.
“At this time, the City of Denver cannot finalize their process and timeline for the hundreds of impacted special events, so decisions will not be made until the end of April or later,” the event’s website reads.
Approximately 20,000 people competed in one of the races in 2019, with 2,000 of those running the full marathon, according to previous BusinessDen reporting.
Ski industry: Denver-based ski resort operator Alterra Mountain Co. said last week it will furlough year-round employees who cannot work due to ski area closures.
The company also said that more than 50 percent of capital expenditures such as terrain expansions will be postponed, according to the Denver Post.
Resorts operated by Alterra include Winter Park and Steamboat.
Broomfield-based rival Vail Resorts also announced a slew of cost-cutting measures last week.
The start of the 2019 Kaiser Permanente Colfax Marathon. (Courtesy Colfax Marathon)
Four members of the Denver Post newsroom were laid off Friday, according to a tweet from one of the publication’s reporters.
Reporter Elise Schmelzer said nine other Denver Post employees that aren’t part of the newsroom, but who are also represented by the newspaper’s union, were also laid off.
A union official told Colorado Independent reporter Corey Hutchins the newsroom layoffs involved three assistant editors and one editorial assistant.
The Denver Post is owned by the hedge-fund-controlled MediaNews Group.
Print media has been hit hard by the coronavirus fallout, which has prompted a decline in spending by advertisers both large and small.
Denver-based Voice Media Group, the paper company of Westword and alt-weeklies in other cities, told employees on March 17 that it was reducing their pay between 25 and 35 percent. The company also warned at the time that layoffs might be coming.
Colfax Marathon: The Colfax Marathon, which had been scheduled for May 17, won’t take place on that date.
Event organizers are looking at whether the marathon, along with its affiliated shorter races, can be rescheduled for later in the year.
“At this time, the City of Denver cannot finalize their process and timeline for the hundreds of impacted special events, so decisions will not be made until the end of April or later,” the event’s website reads.
Approximately 20,000 people competed in one of the races in 2019, with 2,000 of those running the full marathon, according to previous BusinessDen reporting.
Ski industry: Denver-based ski resort operator Alterra Mountain Co. said last week it will furlough year-round employees who cannot work due to ski area closures.
The company also said that more than 50 percent of capital expenditures such as terrain expansions will be postponed, according to the Denver Post.
Resorts operated by Alterra include Winter Park and Steamboat.
Broomfield-based rival Vail Resorts also announced a slew of cost-cutting measures last week.
The Denver Post is owned by the hedge-fund-controlled MediaNews Group.
That’s the 5,000 lb. elephant in the room. Until The Denver Post gets taken back from the N.Y. vulture capitalist group, it’ll continue to be chipped away until there’s nothing left, & what little assets it has will be broken up & sold off. The Denver Post DESPERATELY needs a local big $$$ philanthropist to save it from an out of state VC group. It needs to be locally owned & run like the LA Times owners the Chandler family.