Today, @chicagotribune.com laid off five guild staff members in a roughly 10% cut to our newsroom. These layoffs underscore a sad but unsurprising failure of leadership by Alden Global Capital, our hedge fund owner, and local management.

With a buyout window opening this week, our newsroom's managers are nowhere to be seen and haven't directly communicated a word. Our members have a lot of questions, and we won't accept this treatment from our leaders. They need to say something.

This buyout offer represents a moral, business and civic failure by Tribune ownership. We should focus on building readership by investing in strong coverage, not cutting staff to satisfy short-term greed. Shame on Alden Global Capital, always.

About half the Tribune is currently on call for massive protests and possible immigration raids. Our owner's response? A round of buyouts. It's a vivid illustration of the fact that Alden Global Capital could not care less about journalism, news or the city of Chicago. They just want money.

This is the official bsky account for the Chicago Tribune Guild. We learned today that @chicagotribune.com is offering buyouts to our journalists. This move by Alden Global Capital, our rapacious ownership group, shows a total lack of vision and respect for the newsroom and the city we serve. (1/5)