Current:Home > Contact'Los Angeles Times' to lay off 13% of newsroom -Financial Clarity Guides
'Los Angeles Times' to lay off 13% of newsroom
View
Date:2025-04-15 00:12:41
The Los Angeles Times informed its newsroom Wednesday that it would lay off about 13% of the paper's journalists, the latest in a string of blows to major American news outlets.
It's the first major round of job cuts since the paper was acquired in 2018 by Patrick Soon-Shiong, a billionaire entrepreneur and investor based in Southern California. At the time, he told NPR that he wanted to protect the L.A. Times from a series of cutbacks that had afflicted the paper under previous owners based in Chicago.
During the pandemic, there was a far smaller round of layoffs. The paper and labor union negotiated a work-sharing agreement and furloughs in lieu of layoffs.
In making the announcement to officials of the newsroom union, executives cited a "difficult economic operating environment." L.A. Times Executive Editor Kevin Merida wrote in a memo to colleagues that making the decisions to lay off colleagues was "agonizing."
"We have done a vast amount of work as a company to meet the budget and revenue challenges head on," Merida wrote. "That work will need acceleration and we will need more radical transformation in the newsroom for us to become a self-sustaining enterprise."
He continued, "Our imperative is to become a modern media company - more nimble, more experimental, bolder with our ambition and creativity than we are today."
This follows major layoffs at other news companies, including BuzzFeed (which eliminated its news division), Vice (which declared bankruptcy), NPR (which laid off 10 percent of its workforce), MSNBC, CNN and The Washington Post.
According to a spokesperson, the L.A. Times intends to lay off 74 journalists. The paper expects to retain at least 500 newsroom employees after the cuts are complete.
Leaders of the paper's newsroom union, called the NewsGuild, note that it has been engaged in negotiations with the paper since September on a new contract with little progress. The prior one, which remains in effect, expired in November. They say they were blind-sided by the announcement, receiving notification from the paper's chief lawyer just minutes before Merida's note to staff.
"This is a case study in bad faith and shows disrespect for the newsroom," the guild said in a statement. It called upon the newspaper to negotiate alternatives, including voluntary buyouts, which it said was required under the paper's contract. (Fifty-seven guild-represented employees are among those designated to lose their jobs, according to the union.)
At NPR, the union that represented most newsroom employees, SAG-AFTRA, reviewed the network's financial books and agreed the need for cuts was real. The two sides ultimately reached agreements on how the job reductions would be structured.
The NewsGuild also represents journalists at the Gannett newspaper chain who walked off the job earlier this week to protest their pay and working conditions.
veryGood! (4)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- The pandas are coming! The pandas are coming!
- How do I handle poor attendance problems with employees? Ask HR
- Justin Timberlake Has Best Reaction to Divorce Sign at Concert
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Threats against FEMA workers hamper some hurricane aid; authorities arrest armed man
- RHOSLC's Lisa Barlow Hilariously Weighs in on Mormon Sex Swinging Culture
- Congress made overturning elections harder, but there are still loopholes | The Excerpt
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Lilly Ledbetter, an icon of the fight for equal pay, has died at 86
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Taylor Swift and Travis Kelce's Date Night at Yankees-Cleveland MLB Game Is a Home Run
- WNBA not following the script and it makes league that much more entertaining
- Aaron Rodgers rips refs for 'ridiculous' penalties in Jets' loss: 'Some of them seemed really bad'
- 'Most Whopper
- Tia Mowry and Tamera Mowry’s Candid Confessions May Make You Do a Double Take
- Bill Belichick has harsh words for Jets owner Woody Johnson during 'Monday Night Football'
- Simu Liu Calls Out Boba Tea Company Over Cultural Appropriation Concerns
Recommendation
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Mark Vientos 'took it personal' and made the Dodgers pay in Mets' NLCS Game 2 win
Eagles coach Nick Sirianni downplays apparent shouting match with home fans
Bill Belichick has harsh words for Jets owner Woody Johnson during 'Monday Night Football'
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Real Housewives of Orange County's Tamra Judge Shares She’s on Autism Spectrum
Richard Allen on trial in Delphi Murders: What happened to Libby German and Abby Williams
Ozzy Osbourne Makes Rare Public Appearance Amid Parkinson's Battle