"Los Angeles Times Faces Turmoil: Massive Newsroom Layoffs and Senior Editor Departures"
TL;DR Summary
The Los Angeles Times announced it will lay off about 115 journalists, reducing its newsroom by over 20% as the paper faces significant financial challenges, with losses of $30 million to $40 million a year. The cuts come after the departure of top editors and a strike by workers. The billionaire owner, Patrick Soon-Shiong, emphasized the need to build a larger audience and stated that the paper had not done layoffs in the first years of the pandemic. The layoffs affect various departments, including the business desk and Washington bureau, and come after negotiations between the union and Times management.
Topics:nation#business-media#journalism#layoffs#los-angeles-times#newsroom-reduction#patrick-soon-shiong
- Los Angeles Times to Slash Newsroom by Over 20% The New York Times
- The Los Angeles Times plunges into ‘chaos’ as brutal layoffs loom and senior editors call it quits CNN
- LA Times plans to lay off nearly 100 unionized journalists, guild says The Hill
- Managing Editor Sara Yasin departs amid L.A. Times turmoil Los Angeles Times
- Los Angeles Times slashes more than 20% of newsroom staff as the paper confronts a ‘financial crisis’ CNN
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
2 min
vs 3 min read
Condensed
81%
540 → 100 words
Want the full story? Read the original article
Read on The New York Times