Alaska Dispatch News begins layoffs
As Alaska's largest newspaper struggles to stay in business after drowning in millions of dollars of debt, the Alaska Dispatch News reported Wednesday night, the layoffs have begun.
According to the ADN website, "A "significant" number of employees have been laid off at Alaska Dispatch News as part of a restructuring under the company's new owners."
The article says every department in the company was affected: from advertising to the newsroom, including editors and reporters.
The paper says job reductions began last week and continued through Wednesday.
Sports writer Doyle Woody announced on Twitter Wednesday evening he's no longer employed by the ADN.
KTVA called one of the owners, Ryan Binkley, twice after hearing about possible layoffs, but have not heard back.
On September 11, A federal bankruptcy judge approved the sale of the ADN to a the Binkley Brothers for $1 million from Alice Rogoff, who recently declared bankruptcy for the paper.
After the deal, Binkley told KTVA:
“There’s a lot of risk in this deal. There’s nothing certain about it. We’re willing to take that risk because we believe the turnaround is possible. We believe there’s a viable business here.”
There will be a hearing over the U.S. Trustee’s motion to convert or dismiss the Alaska Dispatch News’ Chapter 11 bankruptcy case on September 22.