• by Melynda Fuller , November 1, 2018

Alden Global Capital-owned Digital First Media announced it will lay off 107 of its service center employees in Colorado Springs. The company, which owns nearly 100 newspapers across local markets, notified employees in August.

Layoffs will begin December 28 and go through February 15.

The jobs will be shifted to outsourcing contractor Genpact Ltd., a New York-based company that employs over 80,000 people across 20 countries. According to Colorado Springs paper The Gazette, most of the jobs lost are from the finance division and include rolls across accounts payable, billing and customer representation.

The laid-off employees will be eligible for training and income support from the U.S. Labor Department, due to jobs that are similar to those held by the employees being shifted to another country.

The service center layoffs follow other recent layoffs by Digital First Media at the Boston Herald, where 14 editorial and non-editorial employees were recently dismissed from their positions.

Digital First Media acquired the Boston Herald early this year and pledged to keep 175 of the 240 staffers employed at the time.