"LA Times Staff to Stage Historic Walkout Over Looming Layoffs"

The Los Angeles Times newsroom guild has called for a one-day walkout to protest planned staff cuts following substantial financial losses incurred by the paper's owner, Dr. Patrick Soon-Shiong. The proposed layoffs, which could affect about 20% of the newsroom, have sparked widespread anxiety and tensions within the organization. Management has asked the union to relax seniority provisions in its contract to save jobs, but union members are furious and view it as an "impossible choice." The one-day strike is aimed at demonstrating unity and extracting concessions from management, as the news industry continues to face challenges amid declining revenues and job cuts.